Mumbai: Government bonds (G-Secs) declined on selling pressure from banks and corporates. While, interbank call money rates remained steady as demand from borrowing banks match supplies.

The 6.97% 10-year benchmark bond maturing in 2026 fell to 100.08 from 100.23, while its yield moved up to 6.96% from 6.93%.

The 6.79% government security maturing in 2029 dipped to 97.56 from 97.85, while its yield rose to 7.08% from 7.05%. The 7.61% government security maturing in 2030 eased to 103.14 from 103.5850, while its yield edged up to 7.23% from 7.18%.

The 7.59% government security maturing in 2026, the 7.35% government security maturing in 2024 and the 7.72% government security maturing in 2025 were also quoted lower to 103.5350, 101.10 and 103.18 respectively.

The overnight call money rates ended stable at its previous level of 6.05% after trading in a range of 6.25% and 6.00%.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth 10.25 billion in 3-bids at the overnight repo operation at a fixed rate of 6.25% as on Wednesday, while it sold securities worth 154.88 billion in 46-bids at the overnight reverse repo auction at a fixed rate of 6.00% as on April 25.

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