Government bonds recover on good demand,call rate end higherhttps://indianexpress.com/article/news-archive/web/government-bonds-recover-on-good-demand-call-rate-end-higher-2/

Government bonds recover on good demand,call rate end higher

The government securities (G-Sec) recovered on good buying support from banks and corporates,while call rates remained higher at the overnight call money market here today on good demand from borrowing banks.

The government securities (G-Sec) recovered on good buying support from banks and corporates,while call rates remained higher at the overnight call money market here today on good demand from borrowing banks.

The 8.33 per cent G-Sec maturing in 2026 climbed to Rs 100.73 from Rs 100.5325 previously,while its yield declined 8.24 per cent from 8.26 per cent.

The 8.15 per cent G-Sec maturing in 2022 surged to Rs 99.9900 from 99.2000,while its yield inched down to 8.15 per cent from 8.16 per cent.

The 8.97 per cent G-Sec maturing in 2030 also rose to Rs 105.3600 from Rs 105.2300,while its yield eased to 8.39 per cent from 8.40 per cent.

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The 8.20 per cent G-Sec maturing in 2025,the 8.19 per cent maturing in 2020 and the 8.07 per cent maturing in 2017 also quoted higher at Rs 99.9900,Rs 99.9200 and Rs 99.7100,respectively.

The Overnight call money rate ended higher at 8.10 per cent from 7.70 per cent last Friday,it moved in a range of 8.10 per cent and 7.90 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 611.80 billion in 25 bids at the one-day repo auction at a fixed rate of 8.00 per cent.