Mumbai, Nov 15 (PTI) Government bonds (G-Secs) recovered following fresh demand from corporates and banks and the interbank call money rates also turned higher due to renewed demand from borrowing banks amid tight liquidity situation in the banking system.
The 6.79 per cent government security maturing in 2027 were gained to Rs 98.4450 from Rs 98.22 yesterday, while, its yield edged down to 7.02 per cent from 7.05 per cent.
The 6.68 per cent government security maturing in 2031 were rose to Rs 96.2850 from Rs 95.93, while its yield moved down to 7.10 per cent from 7.15 per cent.
The 6.79 per cent government security maturing in 2029 were climbed to Rs 97.12 from Rs 96.7650 yesterday, while, its yield edged down to 7.15 per cent from 7.19 per cent.
The 6.84 per cent government security maturing in 2022, the 7.72 per cent government security maturing in 2025 and the 7.35 per cent government security maturing in 2024 were also quoted higher to Rs 99.9450, Rs 103.36 and Rs 101.56 respectively.
The overnight call money rates finished higher at 5.85 per cent from Tuesday’s level 5.80 per cent. It resumed higher at 6.00 per cent and moved in a range of 6.00 per cent and 5.70 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 30.11 billion in 7-bids at the overnight repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 62.80 billion from 34-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on November 14. PTI
This is published unedited from the PTI feed.