Odishatv Bureau
Mumbai: Government bonds closed better on some buying by banks and corporates while call rate washed out all of its overnight gains on the overnight call money market today on more liquidity in the banking system.

The 7.80 per cent government security maturing in 2021 recovered to Rs 96.5750 from Rs 96.5050, while its yield eased to 8.33 per cent from 8.34 per cent yesterday.

The 8.13 per cent government security maturing in 2022 also recouped to Rs 97.99 from Rs 97.92 on Monday, while its yield softened to 8.41 per cent from 8.42 per cent.

The 8.08 per cent government security maturing 2022 too firmed up to Rs 97.69 from Rs 97.60, while its yield slipped to 8.41 per cent from 8.42 per cent.

The 8.28 per cent government security maturing in 2027, the 7.37 per cent maturing in 2014 and the 8.30 per cent maturing in 2040 gained at Rs 97.43, Rs 97.93 and Rs 96.70 rsepctively.

The overnight call money rate moved in a range of 8.30 per cent and 8.15 per cent before concluding lower at 8.25 per cent from 8.30 per cent yesterday.

The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 47,410 crore from 16 bids at the one-day repo auction at a fixed rate of 8.25 per cent, while sold securities worth Rs 35 crore from three bids at the one-day reverse repo auction at a fixed rate of 7.25 per cent.

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