Call rates traded at 5.75-5.85 pc; Bonds flat
Mumbai, July 6 (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 05 transacted Rs 11,064.54 crore at an average of 5.82 per cent.
In the first Liquidity adjustment RBI traded Rs 41,800 crore through 39 bids at a rate of 5.75 per cent.
In the second auction the RBI trade Rs 29,135 crore at an average interest rate of 5.75 per cent and through 43 bids.
Total money transacted today by the RBI was Rs 70,935 crore.
RBI did not inject any money through the repo auction.
Earlier, RBI had fixed the reference rate for the day at Rs 46.15/US Dollar compared to the previous rate of Rs 46.03/US Dollar.
Gilts were flat today. The eleven year Bond (GS 8.07% 2017) traded at Rs 98.72, which gave a yield of 8.25 per cent.
UNI VS RK1858