Call rates trade high at 6.0 - 6.1 pc level; Bonds trade narrow

Mumbai, Jul 28 (UNI) Call rates today traded flat in the range of 6.00 - 6.10 per cent amidst sufficient money supply in the banking system.

RBI in the call money market on July 27 transacted Rs 7629.34 crore at the weighted average of 6.04 per cent.

In the first Liquidity adjustment RBI transacted Rs 24,595 crores through 25 bids at the rate of 6.00 per cent.

RBI did not inject any money through the repo auction.

Today, RBI had fixed the reference rate for the day at Rs 46.56/ US Dollar compared to the previous rate of Rs 46.61/US Dollar.

Gilts traded in a narrow range. The eleven year Bond (GS 8.07% 2017) traded at Rs 98.15 which gave a yield of 8.34 per cent.

UNI VS PM SKB1757