Call Rates Remain Unchanged - Jan 17, 2009

Call rates closed same as the previous close at 4.20-4.30 per cent. There was one bid Rs 1,300 crore in the three-day repo auction under the first liquidity adjustment facility (LAF). In reverse repo auction, the RBI received and accepted 5 bids for Rs 6,105 crore. Under the second LAF, there were 5 bids for Rs 3,735 crore in the repo auction. In the three-day reverse repo auction, there were 31 bids for Rs 32,685 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 474 trades for Rs 33,444.10 crore in the range of 0.50-4.50 per cent.