The Government securities (G-Sec) shot up further on sustained demand from banks and corporates,while call rate eased at the Overnight call money market today on lack of demand from borrowing banks. The 9.15 per cent (G-Sec) maturing in 2024 surged to Rs 106.43 from Rs 105.9250 yesterday,while its yield dropped to 8.31 per cent from 8.37 per cent. The 8.79 per cent (G-Sec) maturing in 2021 climbed to Rs 103.1775 from Rs 102.95,while its yield fell to 8.29 per cent from 8.33 per cent. The 8.15 per cent (G-Sec) maturing in 2022 rose to Rs 100.4475 from Rs 100.05,while its yield declined to 8.08 per cent from 8.14 per cent. The 8.19 per cent G-Sec maturing in 2020,the 8.28 per cent G-Sec maturing in 2027 and the 8.97 per cent maturing in 2030 also quoted higher at Rs 100.3475,Rs 98.77 and Rs 104.68 respectively. The overnight call money rate ended slightly lower at 8.05 per cent from yesterday's close of 8.10 per cent,it moved in a range of 8.20 per cent and 8.00 per cent. The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 85,305 crore from 33 bids at the one-day repo auction at a fixed rate of 8.00 per cent while sold securities worth Rs 15 crore at one bid at the one-day reverse repo auction at a fixed rate of 7.00 per cent.
