Mumbai, Dec 29 (PTI) Government bonds (G-Secs) rebounded following fresh demand from corporates and banks, and the interbank call money rates also ended higher due to good demand from borrowing banks amid tight liquidity situation in the banking system. Also Read - These 4 Banks Have Been Shortlisted by Government For Privatisation | All You Need to Know
The 6.79 per cent government security maturing in 2027 were rose to Rs 96.38 from Rs 95.94 previously, while, its yield eased to 7.33 per cent from 7.40 per cent. Also Read - Banks to Charge For Deposits & Withdrawals From Nov 1; Cong Says 'Modi Sarkar ka Kamar Tod Tohfa'
The 6.68 per cent government security maturing in 2031 were climbed to Rs 93.64 from Rs 92.91 previously, while its yield edged down to 7.43 per cent from 7.52 per cent. Also Read - Odisha Man Learns Robbery Techniques From YouTube, Loots 2 Banks to Repay His Loans
The 6.84 per cent government security maturing in 2022 were gained to Rs 98.89 from Rs 98.39 previously, while, its yield moved down to 7.11 per cent from 7.23 per cent.
The 6.79 per cent government security maturing in 2029, the 7.72 per cent government security maturing in 2025 and the 8.08 per cent government security maturing in 2022 were also quoted higher to Rs 95.05, Rs 102.50 and Rs 103.28 respectively.
The overnight call money rates finished higher at 6.10 per cent from Thursday’s close 5.95 per cent. It resumed higher at 6.20 per cent and moved in a range of 6.20 per cent and 5.90 per cent.
The 3-days call money rates ended at 6.10 per cent, its opened 6.15 per cent and moved in a range of 6.45 per cent and 5.85 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased securities worth Rs 78.55 billion in 16-bids at the 3-days repo opertion at a fixed rate of 6.00 per cent as on today, while its sold securities worth Rs 330.35 billion from 58-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on December 28. PTI
This is published unedited from the PTI feed.