Government bonds (G-Secs) weakened further on heavy selling pressure from banks and corporates, and the overnight call money rates also ended lower owing to subdued demand from borrowing banks amid ample liquidity in the banking system.
The 7.72 per cent government security maturing in 2025 slipped to Rs 100.2650 from Rs 100.3475 previously, while its yield inched up to 7.68 per cent from 7.67 per cent.
The 7.88 per cent government security maturing in 2030 went down to Rs 100.3050 from Rs 100.3825, while its yield edged up to 7.84 per cent from 7.83 per cent.
The 7.68 per cent government security maturing in 2023 declined to Rs 99.90 from Rs 99.9175, while its yield moved up to 7.70 per cent from 7.69 per cent.
The 8.27 per cent government security maturing in 2020, the 8.40 per cent government security maturing in 2024 and the 7.59 per cent government security maturing in 2029 were also quoted lower to Rs 102.00, Rs 103.43 and Rs 99.3475 respectively.
The overnight call money rates finished lower at 6.65 per cent from yesterday's close of 6.80 per cent. It resumed higher at 6.95 per cent and moved in a range of 7.05 per cent and 6.45 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 170.83 billion in a 41-bids at the overnight repo auction at a fixed rate of 6.75 per cent as on today, while it sold securities worth Rs 50.59 billion from 28-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on November 17.
