Inter-Bank Call Rate Closed - Feb 6, 2009

Inter-bank call rate closed lower at 4.05-4.10 per cent as against the earlier close of 4.10-4.25 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. The RBI received and accepted 13 bids for Rs 37,120 crore, in the reverse repo auction. Under the second LAF, there were 2 bids for Rs 1,125 crore in the repo auction. There were 23 bids for Rs 32,785 crore in the one-day reverse repo auction. In the 14-day special re po auction scheme for mutual funds and NBFCs under the LAF, there was one bid for Rs 500 crore.