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Call rates trade at 6.0-6.1 pc level; Gilts at three-month high

Written by: Staff

Mumbai, Aug 9 (UNI) Call rates today traded flat in the range of 6.00 -6.10 per cent amidst sufficient money supply in the banking system.

In the call money market, the Reserve Bank of India (RBI) yesterday transacted Rs 14,399.15 crore at the weighted average of 6.08 per cent.

In the first liquidity adjustment, the apex bank transacted Rs 29,840 crore through 25 bids at the rate of 6.00 per cent.

RBI did not inject any money through the repo auction.

Today, the central bank had fixed the reference rate for the day at Rs 46.53 per US dollar as compared to the previous rate of Rs 46.59 USD.

Gilts today traded at the three-month high figure. The eleven-year bond (GS 8.07 per cent 2017) traded at Rs 99.00, which gave a yield of 8.21 per cent.


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