Government bonds continued to rule lower on sustained selling pressure from banks and corporates, while overnight money rates also ended down at the call money market here today due to lack of demand from borrowing banks amidst ample liquidity.
The 8.15 per cent government security maturing in 2022 dipped to Rs 101.38 from Rs 101.4450 previously, while its yield inched up at 7.93 per cent from 7.92 per cent.
The 8.33 per cent government security maturing in 2026 declined to Rs 102.41 from Rs 101.47, while its yield edged up to 8.03 per cent from 8.02 per cent.
The 8.12 per cent government security maturing in 2020 slid to Rs 101.5225 from Rs 101.55, while its yield held steady at 7.85 per cent.
The 8.07 per cent government security maturing in 2017, the 8.19 per cent government security maturing in 2020 and 7.83 per cent government security maturing in 2018 were also quoted lower at Rs 100.76, Rs 101.27 and Rs 99.43, respectively.
The overnight call money rate finished lower at 7.60 per cent from 7.70 per cent yesterday. It moved in a range of 7.80 per cent and 7.40 per cent.
The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 1,398.15 billion in 50 bids at the one-day repo auction at a fixed rate of 7.50 per cent, while it sold securities worth Rs 15.15 billion in five-bids at the 1-day reverse repo auction at a fixed rate of 6.50 per cent in the evening auction.