The government securities (G-Sec) recovered on fresh buying support from banks and corporates, while the call money rates turned lower at the overnight call money market here today due to lack of demand from borrowing banks.
The 7.16 per cent government security maturing in 2023 climbed to Rs 91.33 from Rs 90.19 yesterday, while its yield fell to 8.50 per cent from 8.68 per cent.
The 7.28 per cent government security maturing in 2019 moved up to Rs 94.54 from Rs 93.60, while its yield declined to 8.51 per cent from 8.73 per cent.
The 8.28 per cent government security maturing in 2027 also gained to Rs 96.04 from Rs 94.30, while its yield dipped to 8.78 per cent from 9.00 per cent.
The 8.12 per cent government security maturing in 2020, the 8.20 per cent government security maturing in 2025 and the 8.32 per cent government security maturing in 2032 were also quoted higher at Rs 97.53, Rs 94.69 and Rs 93.70 respectively.
The Overnight call money rate ended lower at 8.95 per cent from 9.45 per cent yesterday. It moved in a range of 9.10 per cent and 8.95 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 402.66 billion in 64-bids at the one-day repo auction at a fixed rate of 7.50 per cent.