Tight liquidity conditions dominated in the market as call rates reached an intra-day high of 17.25 per cent. The rates subsided to end at 13.5-14 per cent, lower than the previous close of 15.75-16 per cent. The Reserve Bank of India put in around Rs 92,000 crore into the system via the repo auction. In the two-day repo auction under the first liquidity adjustment facility (LAF), the RBI got and accepted 51 bids worth Rs 70,295 crore. There were no reverse repo bids. In the two-day repo auction under the second LAF, the RBI got and accepted 27 bids for Rs 21,425 crore. In the CBLO market, there were 359 trades totaling to Rs 14,886.30 crore in the rate range of 9.00-15 per cent.
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