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Money & Banking - Short Term Instruments
Call rate closes at 3.20-3.25%

Mumbai, July 3

The inter-bank call rate closed at 3.20-3.25 per cent, as against the previous close of 3.20-3.30 per cent. Under the first Liquidity Adjustment Facility (LAF) conducted by the Reserve Bank of India, there were no bids in the three-day repo auction. In the reverse repo auction, there were 43 bids for Rs 1,00,510 crore. In the second LAF, there were 49 bids for Rs 57,040 crore in the reverse repo auction. In the CBLO auction, there were 432 trades for Rs 35,272.35 crore in the range of 0.10-2.60 per cent.

— Our Bureau

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