The Hindu Business Line : Call rate ends lower

The inter-bank call rate closed lower at 6.20-6.40 per cent, against the previous close of 6.75-7 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF) there were no bids. In the one-day reverse repo auction, there were 10 bids for Rs 14,240 crore. In the one-day repo auction under the second LAF, the RBI received and accepted 1 bid for Rs 1,200 crore. In the one-day reverse repo auction under the second LAF, the RBI received and accepte d 13 bids for Rs 17,590 crore. In the 14-day special repo auction scheme for mutual funds under the LAF, two bids were received for Rs 1,250 crore. In the CBLO market, there were 433 trades amounting to Rs 23,935.10 crore in the rate range of 5.60-6.25 per cent.

— Our Bureau

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