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Mumbai, July 7 (PTI) Government bond prices recovered due to fresh demand from banks and corporates while call rates remained stable as the demand matched supply. The 7.80 per cent government security maturing in 2020 rose to Rs 101.54 from 101.28 yesterday, while its yield declined to 7.57 per cent from 7.61 per cent. The 8.20 per cent government security maturing in 2022 firmed up to Rs 101.93 from Rs 101.72, while its yield moved down to 7.94 per cent from 7.97 per cent. The 7.17 per cent government security maturing in 2015 moved up to Rs 99.30 from Rs 99.25, while its yield softened to 7.34 per cent from 7.35 per cent. The 7.02 per cent government security maturing in 2016 and the 8.28 per cent government security maturing in 2032 also finished higher at Rs 97.30 and Rs 100.42, respectively. The overnight call money rate ruled steady for the second day to close at 5.50 per cent. It touched a high of 5.85 per cent and a low of 4.10 per cent. The Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF) purchased securities worth Rs 25,325 crore from 20 bids at the one-day repo auction at a fixed rate of 5.50 per cent.
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