Government securities (G-Sec) surged on sustained demand from banks and corporates, while the call money rates also ended steady at the overnight call money market here today as demand from borrowing banks matched supplies.
The 8.15 per cent G-Sec maturing in 2022 rose to Rs 102.15 from Rs 101.9750 yesterday, while its yield moved down to 7.82 per cent from 7.84 per cent.
The 8.20 per cent G-Sec maturing in 2025 climbed to Rs 102.3575 from Rs 101.1750, while its yield edged down to 7.90 per cent from 7.92 per cent.
The 8.33 per cent G-Sec maturing in 2026 also surged to Rs 103.48 from Rs 103.27, while its yield eased to 7.90 per cent from 7.93 per cent.
The 8.97 per cent G-Sec maturing in 2030, the 8.07 per cent maturing in 2017 and the 8.19 per cent maturing in 2020 also quoted higher at Rs 108.95, Rs 100.8625 and Rs 101.36 respectively.
The Overnight call money rate finished stable at 7.85 per cent. It moved in a range of 7.90 per cent and 7.70 per cent.
The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 1,197.95 billion in 38 bids at the 1-day repo auction at a fixed rate of 7.75 per cent, while it sold securities worth Rs 0.10 billion in one-bid at the one-day reverse repo auction at a fixed rate of 6.75 per cent in the evening auction.