The government securities (G-Sec) surged on strong demand from banks and corporates, while the call money rates ended weak at the overnight call money market here today due to absence of demand from borrowing banks.
The 8.20 per cent G-Sec maturing in 2025 rose to Rs 100.09 from Rs 100.02 previously, while its yield held steady at 8.19 per cent.
The 8.33 per cent G-Sec maturing in 2026 climbed to Rs 101.07 from Rs 100.9950, while its yield inched down to 8.20 per cent from 8.21 per cent.
The 8.15 per cent G-Sec maturing in 2022 also moved up to Rs 100.28 from Rs 100.25, while its yield held stable at 8.11 per cent.
The 8.97 per cent G-Sec maturing in 2030, the 8.07 per cent maturing in 2017 and the 8.83 per cent maturing in 2041 also quoted higher at Rs 106.4250, Rs 100.02 and Rs 105.32 respectively.
The Overnight call money rate finished lower at 7.90 per cent from yesterday's close of 8.05 per cent. It moved in a range of 8.15 per cent and 7.90 per cent and the 3-days call money rate also closed lower at 7.90 per cent from last Friday's close of 8.00 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 798.50 billion in 42 bids at the three-days repo auction at a fixed rate of 8.00 per cent, while sold securities worth Rs 22.45 billion in 7-bids at the 3-days reverse repo auction at a fixed rate of 7 per cent in the evening auction.