The government securities (G-Sec) continued to rule narrowly mixed for the second day in a row on alternate bouts of buying and selling while Overnight call money rate ended better on some demand from borrowing banks while 3-days call money rate declined on excess of supply in the banking system. The 8.79 per cent (G-Sec) maturing in 2021 fell back to Rs 101.79 from Rs 101.87,while its yield inched up to 8.51 per cent from 8.50 per cent yesterday. The 9.15 per cent (G-Sec) maturing in 2024 also reacted downwards to Rs 104.62 from Rs 104.72 previously,while its yield too softened edged up to 8.54 per cent from 8.53 per cent. The 8.24 per cent (G-Sec) maturing in 2018 declined to Rs 99.0175 from Rs 99.05,while its yield moved up to 8.45 per cent from 8.44 per cent. However,the 8.19 per cent (G-Sec) maturing in 2020,the 8.97 per cent (G-Sec) maturing in 2030 and the 8.28 per cent (G-sec) maturing in 2027 finished better at Rs 98.80,Rs 101.90 and Rs 95.99 from Rs 98.7350,Rs 101.84 and Rs 95.98,respectively. The overnight call money rate ended better at 8.20 per cent from 8.15 per cent yesterday while 3-days call money rate moved in a range of 8.30 per cent and 8.10 per cent before ending lower at 8.10 per cent from last Friday's close of 8.25 per cent. The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 1,03,450 crore from 423 bids at the three-days repo auction at a fixed rate of 8.00 per cent while sold securities worth Rs 1,005 crore from two bids at the three-days reverse repo auction at a fixed rate of 7.00 per cent.
