Government securities (G-sec) settled mixed on alternate bouts of buying and selling. The 8.79 per cent G-sec maturing in 2021 eased to Rs 101.46 from the overnight close of Rs 101.47, while its yield held steady at 8.56 per cent. The 8.97 per cent G-sec maturing in 2030 softened to Rs 101.20 from Rs 101.21, while its yield inched up to 8.84 per cent from 8.83 per cent.
The 8.24 per cent G-sec maturing in 2018 moved down to Rs 98.71 from Rs 98.73, while its yield looked up to 8.52 per cent 8.51 per cent.
However, the 8.19 per cent G-sec maturing in 2020 edged up to Rs 98.48 from Rs 98.47, while its yield ruled steady at 8.46 per cent.
The 7.49 per cent G-sec maturing in 2017 and the 7.80 per cent G-sec maturing in 2021 were also quoted higher at Rs 96.64 and Rs 95.01, respectively.
Call rates decline
Call rates declined on the overnight call money market here on Thursday due to lack of demand from borrowing banks. The overnight call money rate finished lower at 8.2 per cent from yesterday’s level of 8.3 per cent. It moved in a range of 8.4 per cent and 8.15 per cent. The Reserve Bank of India under the Liquidity Adjustment Facility purchased securities worth Rs 1,25,065 crore from 52 bids at the one-day repo auction at a fixed rate of eight per cent and sold securities worth Rs 5 crore from one bid at the one-day reverse repo auction at a fixed rate of seven per cent.
