The Hindu Business Line : Call rate ends higher

The inter-bank call rate closed higher at 6.90-7 per cent, as against the previous close of 6.00-6.10 per cent. In the three-day repo auction under the first liquidity adjustment facility (LAF), there were 4 bids for Rs 10,000 crore. In the reverse repo auction, there were no bids. In the three-day repo auction under the second LAF, the RBI received and accepted 3 bids for Rs 2,250 crore. In the three-day reverse repo auction under the second LAF, the RBI received and acce pted 17 bids for Rs 7,710 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were no bids. In the CBLO market, there were 553 trades amounting to Rs 38,957.40 crore in the rate range of 0.5-7 per cent.

— Our Bureau

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