Government bonds (G-Secs) recovered on fresh buying support from banks and corporates while, the overnight call money rate ended lower at the money market due to lack of demand from borrowing banks amid ample liquidity in the banking system.
The 8.60 per cent government security maturing in 2028 rose to Rs 106.8250 from Rs 106.69 previously, while its yield edged-down to 7.77 per cent from 7.78 per cent.
The 8.15 per cent government security maturing in 2026 climbed to Rs 103.87 from Rs 103.60, while its yield fell to 7.65 per cent from 7.68 per cent.
The 8.27 per cent government security maturing in 2020 also gained to Rs 102.33 from Rs 102.2250, while its yield moved down to 7.73 per cent from 7.75 per cent.
The 8.83 per cent government security maturing in 2026, the 8.28 per cent government security maturing in 2027 and the 8.12 per cent government security maturing in 2020 were also quoted higher at Rs 106.4750, Rs 103.65 and Rs 101.6350, respectively.
The overnight call money rates ended lower at 7.85 per cent from Monday's closing level of 7.90.00 per cent. It resumed higher at 8.05 and moved in a range of 8.20 per cent and 7.40 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 208.58 billion in 53-bids at the 1-day repo auction at a fixed rate of 7.75 per cent as on today, while it sold securities worth Rs 13.46 billion from 15-bids at the 1-day reverse repo auction at a fixed rate of 6.75 per cent as on Jan 18.
