Government securities G-Sec surged on sustained demand from banks and corporates,while the call money rates ended lower at the overnight call money market here today due to lack of demand from borrowing banks.
The 8.15 per cent G-Sec maturing in 2022 climbed to Rs 101.7850 from Rs 101.70 yesterday,while its yield moved down to 7.87 per cent from 7.89 per cent.
The 8.33 per cent G-Sec maturing in 2026 shot up to Rs 102.9675 from Rs 102.89,while its yield edged down to 7.96 per cent from 7.97 per cent.
The 8.20 per cent G-Sec maturing in 2025 also spurted to Rs 101.8450 from Rs 101.7450,while its yield eased to 7.96 per cent from 7.98 per cent.
The 8.97 per cent G-Sec maturing in 2030,the 8.07 per cent maturing in 2017 and the 8.12 per cent maturing in 2020 also quoted higher at Rs 107.7450,Rs 100.7475 and Rs 101.49 respectively.
The Overnight call money rate finished lower at 6.75 per cent from 7.00 per cent previously. It moved in a range of 7.85 per cent and 6.75 per cent.
The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 306.90 billion in 12 bids at the 1-day repo auction at a fixed rate of 7.75 per cent,while it sold securities worth Rs 20.90 billion in four-bids at the one-day reverse repo auction at a fixed rate of 6.75 per cent in the evening auction.