The government securities (G-Sec) dropped further on sustained selling pressure from banks and corporates, while, the call money rates remained stable at the overnight call money market here today as demand from borrowing banks matched the supply.
The 8.83 per cent government security maturing in 2023 fell to Rs 100.1675 from Rs 100.2450 previously, while its yield inched-up to 8.80 per cent from 8.79 per cent.
The 8.28 per cent government security maturing in 2027 declined to Rs 93.04 from Rs 93.14, while its yield fell moved up to 9.18 per cent from 9.17 per cent.
The 8.24 per cent government security maturing in 2027 also dipped to Rs 92.71 from Rs 92.85, while its yield advanced to 9.21 per cent from 9.19 per cent.
The 8.12 per cent government security maturing in 2020, the 7.28 per cent government security maturing in 2019 and the 8.33 per cent government security maturing in 2026 were also quoted down to Rs 95.3750, Rs 93.16 and Rs 93.70, respectively.
The overnight call money rate ended steady at 8.75 per cent. It moved in a range of 8.80 per cent and 7.60 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 395.66 billion in 62-bids at the One-day repo auction at a fixed rate of 7.75 per cent, while sold securities worth Rs 2.03 billion from 2-bids at the One-day reverse repo auction at a fixed rate of 6.75 per cent in the evening auction.
