Call rates trade flat at 5.75-5.85 pc level; Bonds edge down

Mumbai, June 15 (UNI) Call rates today traded in the range of 5.75 -5.85 per cent on account of strong liquidity flow in the market.

RBI in the call money market on June 14, transacted Rs 10,275.99 crore at the weighted average of 5.80 per cent.

In the first liquidity adjustment, RBI transacted Rs 25,810 crore through 26 bids at the rate of 5.75 per cent.

RBI did not inject any money through the repo auction.

Earlier, RBI had fixed the reference rate for today at Rs 45.91/US dollar.

Gilts likely to edge down. The eleven year bond (GS 8.07% 2017) traded at Rs 101.06 which gave a yield of 7.92 per cent.

UNI VS MJ VKG1748