Government bonds (G-Secs) surged following sustained demand from corporates and banks.
The overnight call money rates also finished higher due to rising demand from borrowing banks amid tight liquidity in the banking system.
The 7.17 per cent 10-year benchmark bond maturing in 2028 climbed to Rs 95.72 from Rs 95.55 previously, while its yield edged down to 7.81 per cent from 7.83 per cent.
The 6.68 per cent government security maturing in 2031 went-up to Rs 88.93 from Rs 88.78, while its yield softened to 8.05 per cent from 8.07 per cent.
The 6.84 per cent government security maturing in 2022 gained to Rs 96.52 from Rs 96.48, while its yield inched down to 7.76 per cent from 7.77 per cent.
The 7.59 per cent government security maturing in 2026 and the 8.20 per cent government security maturing in 2022 were also quoted higher at Rs 97.35 and Rs 101.39 respectively.
However, the 6.79 per cent government security in 2027 slipped to Rs 92.8875 from Rs 92.95, while its yield inched up to 7.91 per cent from 7.90 per cent.
The overnight call money rates ended higher at 6.10 per cent from last Friday's level of 6.00 per cent. It resumed higher at 6.05 per cent and moved in a range of 6.15 per cent and 5.70 per cent.
Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 106.68 billion in 13-bids at the overnight repo operations at a fixed rate of 6.00 per cent as on today, while, its sold securities worth Rs 43.30 billion in 25-bids at the 2-days reverse repo auction at a fixed rate of 5.75 per cent as on May 19.
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