Bonds firm up on sustained demand, call rate ends higher

The Government securities (G-Sec) firmed up on sustained demand from banks and corporates, while the call money rates ended higher at the overnight call money market here today due to fresh demand from borrowing banks.

The 8.15 per cent G-Sec maturing in 2022 climbed to Rs 100.1325 from Rs 100.04 yesterday, while its yield moved down to 8.13 per cent from 8.14 per cent.

The 8.33 per cent G-Sec maturing in 2026 surged to Rs 100.78 from Rs 100.7325, while its yield inched down to 8.23 per cent from 8.24 per cent.

The 8.20 per cent G-Sec maturing in 2025 also gained to Rs 99.80 from Rs 99.74, while its yield edged down to 8.22 per cent from 8.23 per cent.

The 8.97 per cent G-Sec maturing in 2030, the 8.07 per cent maturing in 2017 and the 8.83 per cent maturing in 2041 also quoted higher at Rs 105.98, Rs 99.9050 and Rs 104.92 respectively.

The Overnight call money rate finished higher at 8.10 per cent from last Friday's close of 7.90 per cent. It moved in a range of 8.15 per cent and 7.90 per cent.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 1,503.90 billion in 45 bids at the two-days repo auction at a fixed rate of 8.00 per cent.

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