The government securities (G-Sec) rose on sustained buying support from banks and corporates, while, the call money rates ended lower at the overnight call money market here today due to lack of demand from borrowing banks.
The 8.83 per cent government security maturing in 2023 climbed to Rs 100.45 from Rs 100.24 previously, while its yield moved down to 8.76 per cent from 8.79 per cent.
The 8.28 per cent government security maturing in 2027 gained to Rs 93.67 from Rs 93.50, while its yield eased to 9.09 per cent from 9.12 per cent.
Also Read
The 7.28 per cent government security maturing in 2019 also shot-up to Rs 93.40 from Rs 93.24, while its yield fell to 8.84 per cent from 8.88 per cent.
The 8.12 per cent government security maturing in 2020, the 8.24 per cent government security maturing in 2027 and the 8.32 per cent government security maturing in 2032 were also quoted up to Rs 95.70, Rs 93.4775 and Rs 92.85, respectively.
The overnight call money rate ended lower at 7.80 per cent from 8.30 per cent previously. It moved in a wide range of 8.15 per cent and 6.75 per cent while,the 3-days call money rate finish higher at 8.00 per cent from 7.65 per cent last Friday. It moved in a range of 8.25 per cent and 7.90 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 199.39 billion in 32-bids at the three-days repo auction at a fixed rate of 7.75 per cent, while sold securities worth Rs 12.06 billion from 3-bids at the three-days reverse repo auction at a fixed rate of 6.75 per cent in the evening auction.
