The total trading volume on the central bank's gilts trading platform stood at Rs 28180 crore.
Bond yields eased mainly driven by value buying, after record sharp 16 bps surge on previous trading session.
The weighted average rate in the overnight call money rose to 8.88% at 11.48 IST compared to 8.36% in the previous session. The call money rate was hovering in the range of 7% to 9% with the volume at Rs 4645.49 crore.