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Money & Banking - Short Term Instruments
Call rate ends lower

Mumbai, Sept. 12

The inter-bank call rate closed substantially lower at 6.25-6.5 per cent against the previous close of 7.75-8.25 per cent. In the three-day repo auction under the first liquidity adjustment facility, the RBI received and accepted one bid worth Rs 200 crore. There were no reverse repo bids. In the three-day repo auction under second liquidity adjustment facility (SLAF), the RBI received and accepted 5 bids worth Rs 14,200 crore. In the reverse repo auction under SLAF, there were 9 bids for Rs 2,185 crore. In the CBLO market, there were 458 trades amounting to Rs 24,553.05 crore in the rate range of 0.50-9.00 per cent.

— Our Bureau

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