Mumbai, Dec 06 (PTI) Government bonds (G-Secs) firmed up following rising demand from corporates and banks, while the overnight call money rates turned lower due to lack of demand from borrowing banks amid comfortable liquidity situation in the banking system.
The 6.79 per cent 10-year benchmark bond maturing in 2027 were surged to Rs 98.35 from Rs 98.1575 yesterday, while, its yield edged down to 7.03 per cent from 7.06 per cent.
The 6.68 per cent government security maturing in 2031 were rose to Rs 96.4825 from Rs 96.18 yesterday, while its yield moved down to 7.08 per cent from 7.12 per cent.
The 6.79 per cent government security maturing in 2029 were climbed to Rs 97.52 from Rs 97.33 yesterday, while its yield softened to 7.10 per cent from 7.12 per cent.
The 7.35 per cent government security maturing in 2024, the 7.72 per cent government security maturing in 2025 and the 6.84 per cent government security maturing in 2022 were also quoted higher to Rs 101.60, Rs 103.62 and Rs 99.90 respectively.
The overnight call money rates ended lower at 5.76 per cent from Tuesday’s level 5.80 per cent. It resumed higher at 5.95 per cent and moving in range of 5.97 per cent and 5.70 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 29.70 billions in 5-bids at the overnight repo auction at a fixed rate of 6.00 per cent as on today, its sold securities worth Rs 133.18 billion from 47-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on December 05. PTI
This is published unedited from the PTI feed.