Government bonds (G-Secs) declined on fresh selling by banks and corporates.
On the other hand, the overnight call money rate finished higher owing to good demand from borrowing banks on the back of ample liquidity conditions in the banking system.
The 7.59 per cent government security maturing in 2026 fell to Rs 101.04 from Rs 101.06 previously, while its yield inched up to 7.44 per cent from 7.43 per cent.
The 7.88 per cent government security maturing in 2030 dipped to Rs 100.97 from Rs 101.01, while its yield held stable to 7.76 per cent.
The 7.59 per cent government security maturing in 2029 eased to Rs 99.5650 from Rs 99.61, while its yield ruled steady to 7.64 per cent.
The 7.72 per cent government security maturing in 2025, the 7.68 per cent government security maturing in 2023 and the 8.24 per cent government security maturing in 2027 were also quoted lower at Rs 100.62, Rs 100.5125 and Rs 103.20 respectively.
The overnight call money rates ended higher at 6.20 per cent from Wednesday close level of 6.15 per cent. It resumed higher 6.60 per cent and moved in a range of 6.70 per cent and 6.00 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 34.46 billion in 8-bids at the overnight repo auction at a fixed rate of 6.50 per cent as on today, while its sold securities worth Rs 33.75 billion from 27-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on May 4.
