Government bonds (G-Secs) staged a smart recovery following fresh demand from corporates and banks and the Inter-bank call money rates also rose on good demand from borrowing banks on the face of tight liquidity conditions in the banking system. The 7.59 per cent Govt security maturing in 2029 climbed to Rs99.52 from Rs99.39 previously, while its yield fell to 7.62 per cent from 7.66 per cent.
The 7.88 per cent Govt security maturing in 2030 rose to Rs100.88 from Rs100.7750, while its yield fell to 7.69 per cent from 7.73 per cent. The 7.59 per cent government security maturing in 2026 moved up to Rs100.88 from Rs100.7750, while, its yield edged down to 7.46 per cent from 7.47 per cent. The 7.68 per cent Govt security maturing in 2023, the 8.27 per cent Govt security maturing in 2020 and the 7.61 per cent Govt security maturing in 2030 were also quoted higher at Rs100.78, Rs103.29 and Rs99.93, respectively.