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Tuesday, Jan 13, 2009
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Money & Banking - Short Term Instruments
Call rate ends lower

Mumbai, Jan. 12

The inter-bank call rate closed lower at 4.00-4.20 per cent, against the previous close of 4.20-4.30 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF) there were no bids. In reverse repo auction, the RBI received and accepted 9 bids for Rs 6,635 crore.

Under the second LAF, there were no bids in the repo auction. In the one-day reverse repo auction, there were 22 bids for Rs 22,225 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 480 trades for Rs 39,742.05 crore in the range of 3.52-4.08 per cent. - Our Bureau

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