Call Rates Close Steady - Jan 16, 2009

The call rates closed at 4.20-4.30 per cent, as compared to the previous close of 4.20-4.25 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), There were no bids. However, in reverse repo auction, the RBI received and accepted 5 bids for Rs 5,625 crore. In lin with this, under the second LAF, there were 2 bids for Rs 1,950 crore in the repo auction. There were 16 bids for Rs 17,200 crore in the one-day reverse repo auction. There was one bid for Rs 280 crore in the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF.