The government securities (g-sec) turned bearish on selling pressure from banks and corporates.
The 7.16 per cent g- sec maturing in 2023 declined to Rs 91.26 from Rs 91.48 on Wednesday, while its yield rose to 8.50 per cent from 8.46 per cent. The 7.28 per cent g-sec maturing in 2019 fell to Rs 92.75 from Rs 93.01, while its yield gained to 8.92 per cent from 8.86 per cent. The 8.28 per cent g-sec maturing in 2027 dropped to Rs 95.68 from Rs 96.19, while its yield climbed to 8.82 per cent from 8.76 per cent.
The 8.20 per cent g-sec maturing in 2025, the 8.12 per cent g-sec maturing in 2020 and the 8.33 per cent g-sec maturing in 2026 were also quoted lower at Rs 94.1025, Rs 95.90 and Rs 95.00, respectively.
Call rate ends lower
Call money rates ended lower at the overnight call money market on Thursday due to lack of demand from borrowing banks amidst ample liquidity in the banking system.
The overnight call money rate finished lower at 10.20 per cent from 10.25 per cent previously. It moved in a range of 10.45 per cent and 9.75 per cent.
