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

Mumbai, Aug 16 (UNI) Call rates closed flat at 6.00-6.10 per cent amidst moderate demand and sufficient liquidity.

RBI in the call money market on August 14 transacted Rs 12,684.34 crore at the weighted average of 6.09 per cent.

In the first Liquidity adjustment RBI transacted Rs 15,105 crore through 16 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 46.55/ US Dollar compared to the previous rate of Rs 46.56/US Dollar.

Gilts yields today edged higher. The eleven year Bond (GS 8.07 pc 2017) traded at Rs 98.95 which gave a yield of 8.22 per cent.

UNI VS MJ AG2037