The Hindu Business Line : Call rate ends lower

The inter-bank call rate ended lower at 6.75-7 per cent, as against the previous close of 7.65-7.80 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), RBI received and accepted three bids for Rs 1,850 crore. In the one-day reverse repo auction, there was 1 bid for Rs 800 crore. In the one-day repo auction under the second LAF, the RBI received and accepted 2 bids for Rs 850 crore. In the one-day reverse repo auction under the second LAF, the RBI received and accepted 27 bids for Rs 29,070 crore. In the 14-day special repo auction scheme for mutual funds under the LAF, two bids were received for Rs 1500 crore. In the CBLO market, there were 477 trades amounting to Rs 27,128.65 crore in the rate range of 4.57-7.40 per cent.

— Our Bureau

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