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Money & Banking - Short Term Instruments
Call rate ends higher

Mumbai, Dec. 23

The inter-bank call rate closed higher at 6.15-6.30 per cent, as against the previous close of 6.05-6.20 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there was 2 bids for Rs 2,000 crore. In the one-day reverse repo auction, the RBI received and accepted one bid for Rs 125 crore. In the one-day repo auction under the second LAF, there was one bid for Rs 100 crore. In the one day reverse repo auction under second LAF, the RBI rec eived and accepted 6 bids for Rs 7,460 crore.

In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there was one bid for Rs 75 crore. In the CBLO market, there were 527 trades amounting to Rs 46,697.25 crore in the rate range of 5.01-5.45 per cent.

— Our Bureau

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