Government bonds rise on good buying, call rate ends lower

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Agencies: Mumbai, Dec 07 2012, 20:45 IST
The Government securities (G-Sec) rose on good 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 8.33 per cent G-Sec maturing in 2026 surged to Rs 100.6625 from Rs 100.55 yesterday, while its yield inched down to 8.25 per cent from 8.26 per cent.

The 8.20 per cent G-Sec maturing in 2025 climbed to Rs 99.66 from Rs 99.54, while its yield moved down to 8.24 per cent from 8.26 per cent.

The 8.19 per cent G-Sec maturing in 2020 also gained to Rs 100.0250 from Rs 99.94, while its yield went down to 8.18 per cent from 8.20 per cent.

The 8.97 per cent G-Sec maturing in 2030, the 8.83 per cent maturing in 2041 and the 8.07 per cent maturing in 2017 also quoted higher at Rs 105.92, Rs 104.69 and Rs 99.94 respectively.

The Overnight call money rate ended lower at 7.00 per cent from its yesterday's close of 8.15 per cent. It moved in a range of 8.00 per cent and 7.00 per cent, while the 3-day call money market closed steady at 8.00 per cent, it moved in a range of 8.10 per cent and 7.50 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 1,028.20 billion in 35 bids at the three-day repo auction at a fixed rate of 8.00 per cent, while sold securities worth Rs 18.20 billion in

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