Call Rate Closed Flat - Feb 19, 2009

The inter-bank call rate closed at 4.10-4.20 per cent as against the previous close of 4-4.15 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. While in the reverse repo auction, the RBI received and accepted 9 bids for Rs 11,215 crore. However, under the second LAF, there were no bids in the repo auction. Whereas there were 23 bids for Rs 29,170 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.