Bonds recover

Government securities (G-secs) recovered on fresh buying support from banks and companies. The 7.16 per cent G-sec maturing in 2023 climbed to Rs 90.70 from Rs 90.35 previously, while its yield fell to 8.60 per cent from 8.66 per cent.

The 8.28 per cent G-sec maturing in 2027 also gained to Rs 95.32 from Rs 94.70, while its yield dipped to 8.87 per cent from 8.95 per cent. The 7.28 per cent G-sec maturing in 2019 moved up to Rs 93.70 from Rs 93.39, while its yield declined to 8.72 per cent from 8.79 per cent.

Call rates finish lower

Call money rates turned lower at the overnight market due to lack of demand from borrowing banks. The rates ended lower at 8.95 per cent from nine per cent on Tuesday. It moved in a range of 9.15 per cent and 8.95 per cent.