The government securities (G-Sec) rose on good buying support from banks and corporates while, and the overnight call money market rates eased further due to lack of demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 climbed to Rs 100.20 from Rs 100.05 previously, while its yield moved-down to 8.80 per cent from 8.82 per cent.
The 8.12 per cent government security maturing in 2020 advanced to Rs 95.19 from Rs 95.0675, while yield edged-down to 9.09 per cent from 9.11 per cent.
The 7.28 per cent government security maturing in 2019 also gained to Rs 93.3750 from Rs 93.27, while its yield fell to 8.90 per cent from 8.92 per cent.
The 8.28 per cent government security maturing in 2027, the 8.24 per cent government security maturing in 2027 and the 7.16 per cent government security maturing in 2023 were also quoted higher at Rs 93.25, Rs 93.15 and Rs 87.82, respectively.
The overnight call money rate ended lower at 8.50 per cent from 8.95 per cent yesterday, it moved in a range of 8.50 per cent and 8.00 per cent. The 3-days call money rate closed at 9.00 per cent. It moved in a range of 9.00 per cent 8.00 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 178.31 billion in 37-bids at the 3-days repo auction at a fixed rate of 8.00 per cent today morning, while sold securities worth Rs 27.64 billion from 17-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent last Friday.
