Thursday, December 4, 2008

Remain Static Rates Range Of 4.50-6.04 Per Cent - Dec 04, 2008

Call rate remained unchanged as ended at 6.10-6.20 per cent, the same as the previous close. There were no bids in the one-day repo auctions under the first and the second liquidity adjustment facility (LAF). The RBI received and accepted 17 bids for Rs 28,020 crore in the reverse repo auction. In the one-day reverse repo auction under second LAF, the RBI received and accepted 28 bids for Rs 28,590 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were two bids for Rs 1,950 crore. In the CBLO market, there were 472 trades amounting to Rs 36,585.65 crore in the rate range of 4.50-6.04 per cent.

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