Gilts remains higher

Government bond (G-Sec) prices remained higher on consistent buying support from banks and corporates.
The 8.40 per cent government security maturing in 2024 climbed to Rs 104.32 from Rs 104.1725 previously, while its yield held eased to 7.74 per cent from 7.76 per cent.
The 8.60 per cent government security maturing in 2028 rose to Rs 106.9575 from Rs 106.82, while yield its inched- down to 7.75 per cent from 7.76 per cent.
The 8.27 per cent government security maturing in 2020
advanced to Rs 102.17 from Rs 102.05, while yield fell to 7.75 per cent from 7.78 per cent.

The 8.15 per cent government security maturing in 2026 also gained to Rs 103.20 from Rs 103.07, while yield eased to 7.73 per cent from 7.74 per cent.

The 8.12 per cent government security maturing in 2020 the 9.20 per cent government security maturing in 2030 and the 8.28 per cent government security maturing in 2027 also quoted substantially high at Rs 101.40, Rs 111.82 and Rs 103.76 respectively.
The 6-days call money rates opened at 15.00 per cent and moved in a wide range of 16.00 per cent and 7.50 per cent before finishing at 9.00 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 213.71 billion in 49-bids at the 6-days repo auction at a fixed rate of 7.50 per cent today.