Government bonds (G-Secs) gained further on sustained buying support from banks and corporates while, the overnight call money rate slipped at the money market owing to subdued demand from borrowing banks amid ample liquidity in the banking system.
The 8.40 per cent government security maturing in 2024 climbed to Rs 104.1350 from Rs 104.0250 previously, while its yield fell to 7.76 per cent from 7.78 per cent.
The 8.60 per cent government security maturing in 2028 rose to Rs 106.6400 from Rs 106.4625, while its yield moved down to 7.78 per cent from 7.80 per cent.
The 8.15 per cent government security maturing in 2026 also advanced to Rs 102.87 from Rs 102.75, while its yield edged down to 7.77 per cent from 7.78 per cent.
The 8.27 per cent government security maturing in 2020, the 6.49 per cent government security maturing in 2015 and the 7.68 per cent government security maturing in 2023 were also quoted higher to Rs 102.03, Rs 99.81 and Rs 100.0650 respectively.
However, 8.12 per cent government security maturing in 2020 eased to Rs 101.35 from Rs 101.36, while its yield inched-up by 7.82 per cent from 7.81 per cent.
The overnight call money rates ended lower at 6.80 per cent from previous level of 6.90 per cent. It moved in a wide range of 7.80 per cent and 6.50 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 195.71 billion in a 50-bids at the 1-day repo auction at a fixed rate of 7.50 per cent as on today, while it sold securities worth Rs 135.12 billion from 27-bids at the overnight reverse repo auction at a fixed rate of 6.50 per cent as on Apr 27.
