Call rates trade at 6.0-6.1 pc level; Gilts cautious

Mumbai, Aug 03 (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 yesterday transacted Rs 13,062.06 crore at the weighted average of 6.07 per cent.

In the first Liquidity adjustment RBI transacted Rs 27,115 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 46.72/ US dollar compared to the previous rate of Rs 46.56/US dollar.

Gilts were cautious during the day ahead of the two auctions on August 08. The eleven year Bond (GS 8.07% 2017) traded at Rs 98.17 which gave a yield of 8.33 per cent.

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