Government bonds (G-Secs) declined on selling pressure from banks and corporates and the overnight call money rates also finished lower due to lack of demand from borrowing banks amid comfortable liquidity in the banking sytem.
The 7.17 per cent 10-year benchmark bond maturing in 2028 went-down to Rs 95.20 from Rs 95.49 previously, while its yield gained to 7.90 per cent from 7.85 per cent.
The 6.84 per cent government security maturing in 2022 slipped to Rs 95.86 from Rs 96.00, while its yield went up to 7.96 per cent from 7.92 per cent.
The 6.68 per cent government security maturing in 2031 fell to Rs 88.69 from Rs 89.02, while its yield edged up to 8.09 per cent from 8.04 per cent.
The 7.59 per cent government security maturing in 2026 slid to Rs 96.8250 from Rs 97.07, while its yield rose to 8.16 per cent from 8.12 per cent.
The overnight call money rates finished lower to 6.02 per cent from it's Wednesday's closing level of 6.05 per cent. It resumed higher at 6.25 per cent and moved in a range of 6.25 per cent and 6.00 per cent.
Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 39.96 billion in 5-bids at the overnight repo operation at a fixed rate of 6.25 per cent as on today, while it sold securities worth Rs 544.32 billion in 71-bids at the overnight reverse repo auction at a fixed rate of 6.00 per cent as on July 04.
[contf] [contfnew]
ET Markets
[contfnewc] [contfnewc]