Government bonds (G-Secs) rose smartly following renewed demand from corporates and banks, while the interbank call money rates too ended higher due to good demand from borrowing banks amid tight liquidity in the banking system.
The 7.17 per cent government security maturing in 2028 rose to Rs 98.8575 from Rs 96.90, while its yield declined to 7.33 per cent from 7.62 per cent.
The 6.68 per cent government security maturing in 2031 gained to Rs 92.9625 from Rs 90.20, while its yield fell to 7.52 per cent from 7.87 per cent.
The 6.79 per cent government security maturing in 2027 climbed to Rs 95.53 from Rs 93.54, while its yield edged down to 7.47 per cent from 7.79 per cent.
The 6.84 per cent government security maturing in 2022, surged to Rs 98.25 from Rs 97.6650, while its yield eased to 7.28 per cent from 7.43 per cent.
The overnight call money rates turned higher to 6.10 per cent from it's Monday's level 6.00 per cent. It resumed at 6.05 per cent and moved in a range of 6.10 per cent and 5.75 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 84.27 billion in 9-bids at the overnight repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 346.59 billion from 60-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on March 26. PTI RD RD 03271834 NNNN
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