The government bond (G-Sec) rallied further following sustained demand from banks and corporates.
The overnight call money rate declined due to lack of demand from borrowing banks.
The 8.83 per cent 10-year benchmark bond maturing in 2023 shot up to Rs 101.94 from Rs 101.5450, while its yield fell to 8.53 per cent from 8.59 previously.
The 8.12 per cent government security maturing in 2020 rose to Rs 97.32 as against Rs 96.6350, while its yield dipped to 8.50 per cent from Rs 8.57 per cent.
The 8.28 per cent government security maturing in 2027 also climbed to Rs 97.32 from Rs 96.6350, while its yield moved down to 8.62 per cent from 8.71 per cent.
The 8.35 per cent government security maturing in 2022 advanced to Rs 98.91 as compared Rs 98.63, while its yield dropped to 8.54 per cent from 8.59 per cent.
The 8.60 per cent government security maturing in 2028, 8.24 per cent government security maturing in 2027 and the 7.28 per cent government security maturing in 2019 were also quoted higher at Rs 100.95, Rs 97.05 and Rs 95.5750, respectively.
The overnight call money rates ended lower at 7.60 per cent from yesterday's level of 8.35 per cent. It moved in range of 8.05 per cent and 7.00 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 53.17 billion in 15-bids at the 1-day repo auction at a fixed rate of 8.00 per cent today morning, while it sold securities worth Rs 18.81 billion from 14-bids at the 1-day reverse repo auction at a fixed rate of 7.00 per cent yesterday evening.
