Mumbai, October 13 (PTI) Government bonds (G-Secs)recovered following fresh demand from corporates and banks andthe interbank call money rates also turned higher due to gooddemand from borrowing banks amid tight liquidity situation inthe banking system.
The 6.79 per cent government security maturing in 2027were climbed to Rs 100.38 as compared to Rs 100.25 yesterday,while, its yield eased to 6.73 per cent from 6.75 per cent.
The 6.68 per cent government security maturing in 2031were increased to Rs 97.96 from Rs 97.59, while its yieldedged down to 6.91 per cent from 6.95 per cent.
The 6.79 per cent government security maturing in 2029were rose to Rs 98.32 from Rs 98.09 yesterday, while, itsyield softened to 7.00 per cent from 7.02 per cent.
The 7.16 percent government security maturing in 2023,the 7.72 per cent government security maturing in 2025 andthe 7.73 per cent government security maturing in 2034 werealso quoted higher at Rs 101.72, Rs 104.51 and Rs 104.2875respectively.
The overnight call money rates finished higher at 5.85per cent from Thursday's level 5.75 per cent. It resumedhigher at 5.95 per cent and moved in a range of 6.00 per centand 5.70 per cent.
Meanwhile, the Reserve Bank of India (RBI), under theLiquidity Adjustment Facility (LAF), purchased securitiesworth Rs 28.40 billion in 7-bids at the 3-days repo opertionat a fixed rate of 6.00 per cent as on today, while its soldsecurities worth Rs 274.79 billion from 63-bids at theovernight reverse repo auction at a fixed rate of 5.75 percent as on October 12. PTIBPD.
This is unedited, unformatted feed from the Press Trust of India wire.