Call rates trade high at 6.0 - 6.1 pc level

Mumbai, Aug 1 (UNI) Call rates today traded flat in the range of 6.00 to 6.10 per cent amidst sufficient money supply in the banking system.

RBI, in the call money market yesterday, transacted Rs 13,977.40 crore at the weighted average of 6.07 per cent.

In the first liquidity adjustment, RBI transacted Rs 24,780 crores through 23 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 46.65 per US dollar, as compared to the previous rate of Rs 46.51/USD.

Gilts tripped to the three-month low. The eleven year Bond (GS 8.07 per cent 2017) traded at Rs 98.00 which gave a yield of 8.36 per cent.

UNI VS GK AW1844