Government bonds (G-Secs) weakened further on heavy selling pressure from banks and corporates, while, Interbank call money rates maintained steady from borrowing banks match supplies.
The 7.17 per cent 10-year benchmark bond maturing in 2028 went-down to Rs 96.14 from Rs 96.29 previously, while its yield marginal up to 7.74 per cent from 7.72 per cent.
The 6.79 per cent government security maturing in 2027 slid to Rs 92.87 from Rs 92.92, while its yield inched up to 7.91 per cent from 7.90 per cent.
The 6.68 per cent government security maturing in 2031 dipped to Rs 89.63 from Rs 89.7525, while its yield edged up to 7.95 per cent from 7.93 per cent.
The 6.84 per cent government security maturing in 2022 and the 8.20 per cent government security maturing in 2022 were also quoted lower to Rs 96.6475 and Rs 101.58 respectively.
The overnight call money rates held stable at 5.95 per cent, It resumed higher at 6.00 per cent and moved in a range of 6.05 per cent and 5.90 per cent.
Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 120.10 billion in 9-bids at the overnight repo operation at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 51.71 billion in 24-bids at the 2-days reverse repo auction at a fixed rate of 5.75 per cent as on April 21.
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