Mumbai, Apr 13 (PTI) Government bonds (G-Secs) gained further following rising demand from corporates and banks.

The overnight call money rates also turned higher due to good 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 98.20 from Rs 97.95, while its yield edged down to 7.43 per cent from 7.47 per cent.

The 6.68 per cent government security maturing in 2031 rose to Rs 91.85 from Rs 91.39, while its yield moved down to 7.66 per cent from 7.72 per cent.

The 6.79 per cent government security maturing in 2027 went-up to Rs 94.72 from Rs 94.42, while its yield eased to 7.60 per cent from 7.65 per cent.

The 6.84 per cent government security maturing in 2022 and the 7.16 per cent government security maturing in 2023 were also quoted higher at Rs 98.01 and Rs 98.9850 respectively.

However, the 8.20 per cent government security maturing in 2022 declined to Rs 102.90 from Rs 102.9650, while its yield inched up to 7.31 per cent from 7.30 per cent.

The overnight call money rates finished higher at 5.85 per cent from Thursday’s level of 5.80 per cent. It resumed higher at 5.95 per cent and moved in a range of 6.00 per cent and 5.70 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 45.85 billion in 8-bids at the 3-days repo operations at a fixed rate of 6.00 per cent as on today, while, its sold securities worth Rs 518.60 billion in 68-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on April 12.

This is published unedited from the PTI feed.