Government securities (G-sec) ruled firm on sustained demand from banks and companies. The 7.16 per cent government security maturing in 2023 rose to Rs 93.93 from Rs 93.25 on Wednesday, while its yield fell to 8.07 per cent from 8.17 per cent. The 8.20 per cent government security maturing in 2025 surged to Rs 97.83 from Rs 97.10 on Wednesday, while its yield declined to 8.49 per cent from 8.59 per cent. The 8.33 per cent government security maturing in 2026 also shot up to Rs 98.80 from Rs 97.90, while its yield slid to 8.48 per cent from 8.60 per cent.
Call rates end lower
Call rates finished lower at the overnight market due to lack of demand from borrowing banks. The rates finished lower at 7.50 per cent from previous closing level of 9.75 per cent. It moved in a wide range of 10.25 per cent and seven per cent.
