Call rates trade at 6.0-6.10 level; Gilts flat

Mumbai, Aug 23 (UNI) Call rates traded between 6.00 and 6.10 per cent amidst strong demand and sufficient liquidity.

On August 22, the Reserve Bank of India transacted Rs 4,151.33 crores at the weighted average of 6.08 per cent in the call money market.

In the first liquidity adjustment, RBI transacted Rs 20,030 crores through 18 bids at the rate of 6.00 per cent, whereas in the second liquidity adjustment, RBI transacted Rs 11,085 crores through 24 bids.

The central bank did not inject any money through the repo auction.

Today, RBI fixed the reference rate for the day at Rs 46.56/US dollar, as compared to the previous rate of Rs 46.52/US Dollar.

Gilts traded flat today. The eleven-year bond (GS 8.07 per cent 2017) traded at Rs 99.85, which gave a yield of 8.09 per cent.

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