Bonds, call rates rebound

Government securities (G-Secs) rebounded on fresh buying support from banks and corporates and the overnight call money rates also turned higher following good demand from borrowing banks.

The 7.59 per cent government security maturing in 2026 gained to Rs 108.03 from Rs 107.05 previously, while its yield went down to 6.41 per cent from 6.55 per cent.

The 7.61 per cent government security maturing in 2030 rose to Rs 109.53 from Rs 108.05, while its yield moved down to 6.53 per cent from 6.69 per cent.

The 6.97 per cent government security maturing in 2026 climbed to Rs 104.80 from Rs 103.88, while its yield softened to 6.30 per cent from 6.43 per cent.

The 7.59 per cent government security maturing in 2029, the 7.88 per cent government security maturing in 2030 and the 7.68 per cent government security maturing in 2023 were also quoted higher at Rs 108.62, Rs 111.0450 and Rs 107.57 respectively.

The overnight call money rates ended higher at 6.20 per cent from last Friday's level 5.85 per cent. It resumed higher at 6.05 per cent and moved in a range of 6.25 per cent and 5.85 per cent.

Meanwhile, the Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 2,000 crore in a 4-bids at the overnight repo auction at a fixed rate of 6.25 per cent as on Monday, while it sold securities worth Rs 38,975 crore from 55-bids at the 2-days reverse repo auction at a fixed rate of 5.75 per cent as on November 19.