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Money & Banking - Short Term Instruments
Call rates end higher

Mumbai, Dec. 31

The inter-bank call rate closed substantially higher at 6.40-6.50 per cent against the previous close of 5.20-5.30 per cent. In the one-day repo auction under the first liquidity adjustment facility, there were no bids. In the one-day reverse repo auction, the RBI received and accepted five bids for Rs 1,695 crore. In the one-day repo auction under the second LAF, there were two bids for Rs 3,000 crore. In the one-day reverse repo auction under second LAF, the RBI receiv ed and accepted 30 bids for Rs 45,970 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were two bids for Rs 760 crore. In the CBLO market, there were 407 trades for Rs 30,334.15 crore in the range of 3-5.15 per cent.

— Our Bureau

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