Call Rates End Lower Down At 5.00-5.25 Per Cent Against - Dec 09, 2008

Call rates ended down at 5.00-5.25 per cent, against the previous close of 6.10-6.15 per cent. There were no bids in the two-day repo auction under the first and the second liquidity adjustment facility (LAF). The RBI received and accepted 8 bids for Rs 1,070 crore in the reverse repo auction. In the two-day reverse repo auction under second LAF, the RBI received and accepted 18 bids for Rs 26,330 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 485 trades amounting to Rs 34,347.70 crore in the rate range of 4.15-5.07 per cent.