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Money & Banking - Short Term Instruments
Call rate marginally higher

Mumbai, Feb. 2

The inter-bank call rate closed marginally higher at 4.15-4.25 per cent, against the previous close of 4.00-4.15 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there was no bids. In the reverse repo auction, the RBI received and accepted 11 bids for Rs 28,890 crore.

Under the second LAF, there was one bid for Rs 50 crore in the repo auction. In the one-day reverse repo auction, there were 18 bids for Rs 19,130 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 463 trades for Rs 42,149.20 crore in the range of 3.00-3.95 per cent.

— Our Bureau

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