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Money & Banking - Short Term Instruments
Call rates unchanged

Mumbai, Oct. 17

Call rates ended at 6.75-7.00 per cent, almost unchanged from Thursday’s close. In the three-day repo auction under the first liquidity adjustment facility (LAF), the RBI received and accepted one bid worth Rs 250 crore. There were no reverse repo bids. In the three-day repo auction under the second LAF, the RBI received and accepted 5 bids for Rs 7,100 crore. In the three-day reverse repo auction under the second LAF, the RBI received and accepted 11 bids for Rs 5,7 15 crore.

Under the 14-day special repo auction scheme for mutual funds, only four banks borrowed Rs 1,035 crore. In the CBLO market, there were 444 trades amounting to Rs 22,670.45 crore in the rate range of 5.10-6.80 per cent. -

Our Bureau

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