The government bond (G-Sec) finished higher on good buying support from banks and corporates, while the overnight call rates ended stable due to alternate bouts of buying and selling.
The 8.60 per cent government security maturing in 2028 rose to Rs 100.18 from Rs 99.6525 previously, while its yield declined to 8.57 per cent from 8.64 per cent.
The 8.40 per cent government security maturing in 2024 climbed to Rs 99.63 from Rs 99.3425, while its yield moved down to 8.45 per cent from 8.50 per cent.
The 8.83 per cent government security maturing in 2023 also gained to Rs 101.1475 from Rs 100.89, while its yield eased to 8.64 per cent from 8.68 per cent.
The 8.27 per cent government security maturing in 2020, and the 8.12 per cent government security maturing in 2020, and the 8.28 per cent government security maturing in 2027 and the 7.28 per cent government security maturing in 2019 were also quoted higher at Rs 98.96, Rs 97.76, Rs 96.61 and Rs 95.37, respectively.
The overnight call money rates ended stable at 7.95 per cent. It moved in a range of 8.20 per cent and 7.65 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF),purchased securities worth Rs 140.26 billion in 41-bids at the 1-day repo auction at a fixed rate of 8.00 per cent, while it sold securities worth Rs 30.98 billion from 14-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent, yesterday evening.
