The call money market witnessed a fall as Cash rates ended lower at 7.30-7.40 per cent, as against the previous close of 7.40-7.50 per cent. There were 5 bids for Rs 3,490 crore in the two-day repo auction under the first liquidity adjustment facility (LAF). There were no reverse repo bids. In the two-day repo auction under the second LAF, the RBI received and accepted five bids for Rs 7,500 crore.
In the two-day reverse repo auction under the second LAF, the RBI received and accepted one bid for Rs 15 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were three bids for Rs 895 crore. In the CBLO market, there were 536 trades amounting to Rs 34,479.25 crore in the rate range of 6.80-7.45 per cent.
In the two-day reverse repo auction under the second LAF, the RBI received and accepted one bid for Rs 15 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were three bids for Rs 895 crore. In the CBLO market, there were 536 trades amounting to Rs 34,479.25 crore in the rate range of 6.80-7.45 per cent.
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