Bonds recover

Government securities (g-sec) recovered on fresh buying support from banks and companies.

The 7.16 per cent government security maturing in 2023 climbed to Rs 89.59 from Rs 88.45 previously, while its yield fell to 8.77 per cent from 8.96 per cent.

The 8.20 per cent government security maturing in 2025 rose to Rs 93.54 from Rs 92.25, while its yield dropped to 9.09 per cent from 9.28 per cent.

The 8.33 per cent government security maturing in 2026 also shot up to Rs 94.39 from Rs 93.10, while its yield dipped to 9.08 per cent from 9.26 per cent.

The 8.12 per cent government security maturing in 2020, the 7.28 per cent government security maturing in 2019 and the 8.97 per cent government security maturing in 2030 were also quoted higher at Rs 94.30, Rs 91.30 and Rs 98.10, respectively.

Call rate ends steady
Call money rates finished stable at the overnight market here on Thursday, as demand from banks matched supplies. The overnight call money rate ended steady at 10.25 per cent. It moved in a range of 10.50 per cent and 10.10 per cent.

RBI, under the liquidity adjustment facility, purchased securities worth Rs 39,984 crore in 65 bids at the one-day repo auction at a fixed rate of 7.25 per cent, while it sold securities worth Rs 264 crore from three bids at the one-day reverse repo auction at a fixed rate of 6.25 per cent in the evening.