The government securities (G-Sec) bonds prices gained further on sustained buying support from banks and corporates and the overnight call money rates recovered marginally on good demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 advanced to Rs 100.96 from Rs 100.60 previously, while its yield slipped to 8.68 per cent from 8.73 per cent.
The 8.24 per cent government security maturing in 2027 moved-up to Rs 93.50 from Rs 93.00, while, its yield dipped to 9.10 per cent from 9.17 per cent.
The 8.28 per cent government security maturing in 2027 also firmed up to Rs 93.80 from Rs 93.27, while yield fell to 9.08 per cent from 9.15 per cent.
The 8.12 per cent government security maturing in 2020, the 7.28 per cent government security maturing in 2019 and the 7.16 per cent government security maturing in 2023, were also quoted up at Rs 95.57, Rs 93.53 and Rs 88.2475, respectively.
The overnight call money rate ended slightly higher at 7.20 per cent from Monday's level of 7.00, it moved in a range of 8.15 per cent and 7.00 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 292.59 billion in 41-bids at the one-day repo auction at a fixed rate of 8.00 per cent today morning, while sold securities worth Rs 36.36 billion from 16-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent as on yesterday evening.
