Call Rates Closed At Low - Jan 22, 2009

The call rates closed at 4.20-4.25 per cent as compared to the previous close of 4.20-4.30 per cent. In the one-day repo auction under the first and second liquidity adjustment facility (LAF), there were no bids. On the other hand, in the reverse repo auction, the RBI received and accepted 11 bids for Rs 19,835 crore. There were 26 bids for Rs 34,620 crore, in the one-day reverse repo auction. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were no bids.