The government securities G-Sec improved further on sustained buying support from banks and corporates,while call rates eased at the overnight call money market here today due to lack of demand from borrowing banks.
The 9.15 per cent G-Sec maturing in 2024 moved up further to Rs 104.68 from Rs 104.61 yesterday,while its yield softened to 8.53 per cent from 8.54 per cent.
The 8.79 per cent G-Sec maturing in 2021 firmed up to Rs 101.79 from Rs 101.72,while its yield looked down to 8.51 per cent from 8.52 per cent.
The 8.19 per cent G-Sec maturing in 2020 slightly better at Rs 98.6950 from Rs 98.69,while its yield held steady at 8.42 per cent.
The 8.97 per cent G-Sec maturing in 2030,the 8.24 per cent G-Sec maturing in 2018,the 8.83 per cent G-sec maturing in 2041 and the 8.28 per cent G-sec maturing in 2027 were also ended higher at Rs 101.86,Rs 98.98,Rs 99.25 and Rs 96.00,respectively.
The overnight call money rate finished slightly lower at 8.26 per cent from yesterday8217;s closing level of 8.30 per cent. It moved in a range of 8.40 per cent and 8.00 per cent.
The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 1,04,510 crore from 48 bids at the one-day repo auction at a fixed rate of 8.00 per cent while sold securities worth Rs 10 crore from one bid at the one-day reverse repo auction at a fixed rate of 7.00 per cent.