Government bonds (G-Secs) recovered following fresh demand from corporates and banks, and the overnight call money rates also turned higher due to good demand from borrowing banks amid tight liquidity in the banking system.

The 7.17 per cent 10-year benchmark bond maturing in 2028 rose to Rs 96.5150 from Rs 95.88, while its yield went down to 7.68 per cent from 7.77 per cent.

The 6.79 per cent government security maturing in 2027 gained to Rs 93.05 from Rs 92.51, while its yield softened to 7.86 per cent from 7.95 per cent.

The 6.68 per cent government security maturing in 2031 climbed to Rs 89.67 from Rs 88.98, while its yield fell to 7.94 per cent from 8.03 per cent.

The 7.83 per cent government security maturing in 2018, the 8.20 per cent government security maturing in 2022 and the 8.27 per cent government security maturing in 2020 were also quoted higher to Rs 100.09, Rs 102.7150 and Rs 102.64 respectively.

The overnight call money rates finished higher at 5.85 per cent from it's Tuesday's level of 5.78 per cent. It resumed at 6.00 per cent and moved in a range of 6.00 per cent and 5.70 per cent.

Meanwhile, Reserve Bank of India, under the Liquidity Adjustment Facility, purchased securities worth Rs 41.35 billion in 6-bids at the overnight repo operations at a fixed rate of 6.00 per cent as on today, while it sold securities worth Rs 243.35 billion in 46-bids at the overnight reverse repo auction at a fixed rate of 5.75 per cent as on March 06.