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Money & Banking - Short Term Instruments
Call rates a tad higher

Mumbai, Jan. 7

Call rates closed at 4.20-4.30 per cent, as against the previous close 4.15-4.30 per cent. In the two-day repo auction under the first and second liquidity adjustment facility, there were no bids. In the two-day reverse repo auction, the RBI received and accepted 6 bids for Rs 2,680 crore.

In second auction, the RBI received and accepted 18 bids for Rs 40,650 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 478 trades for Rs 40,387.65 crore in the range of 3.5-4.09 per cent. - Our Bureau

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