INSUBCONTINENT EXCLUSIVE:
Government bonds (G-Secs) firmed up following sustained demand from corporates and banks.
The overnight call money rates also finished
higher due to good demand from borrowing banks amid tight liquidity in the banking system.
The 7.17 per cent 10-year benchmark bond maturing
in 2028 went-up to Rs 94.45 from Rs 94.17, while its yield edged down to 8.03 per cent from 8.07 per cent.
The 6.84 per cent government
security maturing in 2022 surged to Rs 95.81 from Rs 95.64, while its yield moved down to 8.02 per cent from 8.07 per cent.
The 6.68 per
cent government security maturing in 2031 gained to Rs 88.70 from Rs 88.38, while its yield eased to 8.10 per cent from 8.15 per cent.
The
7.59 per cent government security maturing in 2026, the 8.15 per cent government security maturing in 2022 and the 7.80 per cent government
security maturing in 2021 were also quoted higher at Rs 96.98, Rs 100.36 and Rs 99.60 respectively.
The overnight call money rates ended
higher at 6.50 per cent from Wednesday's level of 6.30 per cent
It resumed higher at 6.55 per cent and moved in a range of 6.70 per cent and 6.20 per cent.
Meanwhile, Reserve Bank of India, under the
Liquidity Adjustment Facility, purchased securities worth Rs 39.21 billion in 5-bids at the overnight repo operations at a fixed rate of
6.50 per cent as on today, while, its sold securities worth Rs 1205.15 billion in 94-bids at the overnight reverse repo auction at a fixed
rate of 6.25 per cent as on September 26.
