The government bonds (G-Sec) surged further on sustained buying support from banks and corporates, while call rate finished lower at the overnight call money market due to lower demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 moved up to Rs 100.86 from Rs 100.8475, while its yield held stable at 8.69 per cent.
The 8.60 per cent government security maturing in 2028 jumped to Rs 100.3025 from Rs 90.1950, while its yield inched down to 8.56 per cent from 8.57 per cent.
The 8.35 per cent government security maturing in 2022 rose to Rs 97.9525 from Rs 97.90, while its yield slightly down to 8.71 per cent from 8.72 per cent.
The 8.27 per cent government security maturing in 2020, 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 98.85, Rs 96.60 and Rs 95.0650, respectively.
The overnight call money rates finished lower at 9.00 per cent from 9.05 per cent yesterday. It moved in a range of 9.05 per cent and 8.00 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 222.03 billion in 60-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 5.18 billion from 4-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent last evening.
