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Money & Banking - Short Term Instruments
Call rates steady

Mumbai, Nov. 7

The inter-bank call rate closed at 6.20-6.30 per cent, as against the previous close of 6.20-6.40 per cent.

In the three-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. In the three-day reverse repo auction, there were 7 bids for Rs 3,395 crore. In the three-day repo auction under the second LAF, the RBI received an d accepted 6 bids for Rs 7,300 crore. In the three-day reverse repo auction under the second LAF, the RBI received and accepted 23 bids for Rs 23,255 crore. In the 14-day special repo auction scheme for mutual funds under the LAF, no bids were received. In the CBLO market, there were 429 trades amounting to Rs 19,317 crore in the rate range of 1-6.10 per cent.

— Our Bureau

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