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Money & Banking - Short Term Instruments
Call rate steady

Mumbai, Nov. 17

Call rates closed at 6.90-7 per cent, as 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 3 bids for Rs 4,400 crore. There were no reverse repo bids. In the one-day repo auction under the second LAF, the RBI received and accepted 2 bids for Rs 1,650 crore. In the one-day reverse repo auction under the second LAF, the RBI received and accepted 9 bids for Rs 7,525 crore. In the 14-day s pecial repo auction scheme for mutual funds and NBFCs under the LAF, there were 2 bids for Rs 600 crore. In the CBLO market, there were 535 trades amounting to Rs 32,261.05 crore in the rate range of 5.15-6.70 per cent. –

Our Bureau

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