Inter-Bank Call Rate Closed Up - March 24, 2009

Inter-bank call rate closed up at 4-4.20 per cent, against the previous close of 3.75-3.85 per cent. There were no bids in the repo auction In the first liquidity adjustment facility (LAF). In the reverse repo auction, there were two bids for Rs 10,000 crore. Under the second LAF, there were no bids in the repo auction. In the reverse repo auction, there were 23 bids for Rs 21,840 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LA F, there were no bids. In the CBLO market, there were 634 trades for Rs 64,898.50 crore in the range of 2.26-4.20 per cent.