Inter Bank Call Rate Closed Almost Flat - Feb 18, 2009

The inter-bank call rate closed almost flat at 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 8 bids for Rs 11,670 crore. In line with this, there were no bids in the repo auction under the second LAF. In the one-day reverse repo auction, there were 18 bids for Rs 29,255 crore. There were no bids in the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF.