Auction Under The First Liquidity Adjustment Facility - Sep 25, 2008

Call rates end lower at 10-10.25 per cent against the previous close of 12.0-12.25 per cent. The RBI received and accepted 37 bids worth Rs 54,430 crore In the one-day repo auction under the first liquidity adjustment facility (LAF). There were no reverse repo bids. In the one-day repo auction under the second LAF, the RBI received and accepted 22 bids for Rs 9,890 crore. In the one-day reverse repo auction under the second LAF, there was 1 bid for Rs 5 crore. In the CBLO market, there were 335 trades amounting to Rs 15,765.70 crore in the rate range of 8.67-9.85 per cent.