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Our Bureau

Mumbai, June 13

Call rates were steady at 5.75 to 5.8 per cent ,while liquidity was at Rs 48, 270 crore against Rs 49, 235 crore.

"Liquidity has come down because the advance tax outflow has started. It is expected that there would be an outflow of Rs 15,000-18,000 crore by the end of this fortnight," said a dealer with a private bank.

In the first one-day reverse repo auction under Liquidity Adjustment Facility, the RBI received and accepted 29 bids amounting to Rs 32,655 crore in the first repo auction and 31 bids amounting to Rs 15,615 crore in the second auction. There were no repo bids. The CBLO market saw 271 trades aggregating to Rs 16,299.15 crore in the 5.52-5.74 per cent rage.

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