The total trading volume on central bank's gilts trading platform stood Rs 13800 crore.
Bond yields increased on concerns that RBI may resume tightening policy rates in near term.
The scheduled commercial banks borrowed Rs 40927 crore from RBI against 64 bids submitted at repo window under LAF operation held today.
The weighted average rate in the overnight call money increased to 8.81% compared to 8.75% in previous session. The call money rate hovered in the range of 8.70% to 8.85% with the volume of Rs 19489.90 crore.
The Government of India have announced the sale (re-issue) of “1.44% Inflation Indexed Government Stock-2023” for a notified amount of Rs 500 crore through price based auction. The auction will be conducted on 31 December 2013.