Government bonds (G-Secs) continuously
fell on heavy selling pressure from banks and corporates, but the overnight call money rates finished higher due to fresh demand from borrowing banks amid adequate liquidity in the banking system.
The 7.72 per cent government security maturing in 2025 fell to Rs 99.56 from Rs 99.69 previously, while its yield moved up to 7.79 per cent from 7.77 per cent.
The 7.88 per cent government security maturing in 2030 declined to Rs 99.65 from Rs 99.6750, while its yield inched up to 7.93 per cent from 7.92 per cent.
The 7.68 per cent government security maturing in 2023 dipped to Rs 99.2950 from Rs 99.40, while its yield edged up to 7.80 per cent from 7.78 per cent.
The 8.27 per cent government security maturing in 2020, the 8.17 per cent government security maturing in 2044 and the 7.35 per cent government security maturing in 2024 were also quoted lower to Rs 101.6050, Rs 101.85 and Rs 97.04 respectively.
The overnight call money rates finished higher at 7.15 per cent from Friday's close of 6.40 per cent. It resumed higher at 6.80 per cent and moved in a range of 7.25 per cent and 6.70 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 85.89 billion in a 18-bids at the overnight repo auction at a fixed rate of 6.75 per cent as on today, while it sold securities worth Rs 25.99 billion from 21-bids at the 3-days reverse repo auction at a fixed rate of 5.75 per cent as on November 27.
