Call rates traded at 5.75-5.85 pc; Bonds surge

Mumbai, June 23 (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 22 transacted Rs 11,628.70 crore at the weighted average of 5.81 per cent.

In the first Liquidity adjustment RBI transacted Rs 10,355 crores through 23 bids at the rate of 5.75 per cent.

RBI did not inject any money through the repo auction.

Earlier, the RBI had fixed the reference rate for the day at Rs 46.20/US Dollar compared to the previous rate of Rs 46.01/US Dollar.

Gilts were subdued today. The eleven year Bond (GS 8.07% 2017) traded at Rs 99.05, which gave a yield of 8.20 per cent.

UNI VS KU SKB1734