RBI Received Call Rates Marginally Higher - Dec 12, 2008

The inter-bank call rate ended marginally up at 5.15-5.25 per cent, as against the previous close of 5-5.10 per cent. There were no bids in the one-day repo auction under the first liquidity adjustment facility (LAF. In the reverse repo auction, the RBI received and accepted 13 bids for Rs 17,835 crore. In the one-day repo auction under the second LAF, there were no bids. In the one day reverse repo auction under second LAF, the RBI received and accepted 11 bids for Rs 13,830 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 482 trades for Rs 35,742 crore in the rate range of 4.50-6.55 per cent.