G-secs decline while call rate eases

The 9.15 per cent G-Sec maturing in 2024 dropped to Rs 106.17 from Rs 106.24,while its yield inched up to 8.35 per cent from 8.34 per cent.

The 8.19 per cent G-Sec maturing in 2020 fell to Rs 99.04 from Rs 99.17,while its yield looked up to 8.36 per cent from 8.33 per cent.

The 7.83 per cent G-Sec maturing in 2018,the 8.13 per cent G-Sec maturing in 2022 and the 8.28 per cent G-Sec maturing in 2027 were also quoted lower at Rs 97.35,Rs 98.10 and Rs 97.81,respectively.

The overnight call money rate finished slightly lower at 8.80 per cent from yesterday8217;s close of 8.85 per cent. It moved in a range of 8.90 per cent and 8.70 per cent.

The Reserve Bank of India RBI under the Liquidity Adjustment Facility LAF purchased securities worth Rs 1,23,090 crore from 50 bids at the one-day repo auction at a fixed rate of 8.50 per cent.