Government bond prices firmed up further on sustained demand from banks and companies. The 8.79 per cent government security maturing in 2021 rose further to Rs 102.55 from Rs 102.26 yesterday, while its yield declined to 8.40 per cent from 8.45 per cent. The 9.15 per cent government security maturing in 2024 hardened to Rs 104.55 from Rs 104.28, while its yield moved down to 8.56 per cent from 8.59 per cent. The 7.80 per cent government security maturing in 2021 shot up to Rs 95.83 from Rs 95.65, while its yield fell to 8.45 per cent from 8.48 per cent.
The 7.83 per cent government security maturing in 2018, the 8.97 per cent government security maturing in 2030, the 8.08 per cent government security maturing in 2022 and the 8.13 per cent government security maturing in 2022 were also quoted higher at Rs 97.32, Rs 102.66, Rs 97.15 and Rs 97.47, respectively.
Call rate eases
The call rate eased at the overnight call money market here on Tuesday due to lack of demand from borrowing banks. The rate ended slightly lower at 8.60 per cent, compared with yesterday’s closing level of 8.65 per cent. It moved in a range of 8.65 per cent and 8.50 per cent.
