Wednesday, November 19, 2008

Reverse Repo Auction Under The First LAF - Nov 19, 2008

Call rates ended lower at 6.50-6.75 per cent, as against the previous close of 6.90-7 per cent. The RBI received and accepted 1 bid for Rs 2,000 crore in the one-day repo auction under the first LAF in the one-day reverse repo auction under the first LAF, the RBI received and accepted 2 bids for Rs 2,500 crore. In the one-day repo auction under the second LAF, the RBI received and accepted 3 bids for Rs 2,700 crore.

In the one-day reverse repo auction under the first LAF, the RBI received and accepted 11 bids for Rs 13,600 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were no bids. In the CBLO market, there were 473 trades amounting to Rs 29,483.35 crore in the rate range of 5.81-6.25 per cent.

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