INSUBCONTINENT EXCLUSIVE:
Mumbai: Government bonds (G-Secs) rebounded following renewed demand from corporates and banks.
While, Interbank call money rates held
stable as demand from borrowing banks match supplies.
The 7.17 per cent government security maturing in 2028 rose to Rs 97.95 from Rs 97.49,
while, its yield moved down to 7.47 per cent from 7.54 per cent.
The 6.68 per cent government security maturing in 2031 climbed to Rs 91.39
from Rs 90.90, while, its yield eased to 7.72 per cent from 7.78 per cent.
The 6.79 per cent government security maturing in 2027 went-up to
Rs 94.42 from Rs 94.00, while, its yield edged down to 7.65 per cent from 7.72 per cent.
The 6.84 per cent government security maturing in
2022 and the 8.20 per cent government security maturing in 2022 were also quoted higher to Rs 97.97 and Rs 102.9650 respectively.
The
overnight call money rates ruled steady at its previous level of 5.80 per cent, It resumed higher at 6.00 per cent and moved in a range of
6.00 per cent and 5.75 per cent.
Meanwhile, the Reserve Bank of India (RBI), under the Liquidity Adjustment Facility (LAF), purchased
securities worth Rs 27.60 billion in 4-bids at the overnight repo opertion at a fixed rate of 6.00 per cent as on today, while its sold
securities worth Rs 396.04 billion in 61-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on April 11.
