Call rates trade at 6.0 - 6.1 pc level; Gilts extend higher

Mumbai, Aug 17 (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 16, transacted Rs 12216.70 crore at the weighted average of 6.10 per cent.

In the first liquidity adjustment, RBI transacted Rs 14,120 crore through 17 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 46.46/USD compared to the previous rate of Rs 46.55/USD.

Gilts today edged high. The eleven-year bond (GS 8.07% 2017) traded at Rs 99.60 which gave a yield of 8.13 per cent.

UNI VS MAZ AG1736