Thursday, January 29, 2009

Call Rate Closes Flat - Jan 29, 2009

The inter-bank call rate closed flat at 4.10-4.20 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. However, in the reverse repo auction, the RBI received and accepted 14 bids for Rs 24,055 crore. On the other hand, there were no bids in the repo auction under the second LAF. Adding to this, in the one-day reverse repo auction, there were 25 bids for Rs 39,195 crore. In the 14-day special repo auction scheme for mutual funds and NB FCs under the LAF, there were no bids.

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