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Call rates trade at 6.00 - 6.10 pc level

Written by: Staff

Mumbai, Sep 14 (UNI) Call rates traded between 6.00-6.10 per cent amidst moderate demand and sufficient liquidity.

RBI in the call money market on September 13 transacted Rs 15,098.28 crore at the weighted average of 6.11 per cent.

In the first Liquidity adjustment RBI transacted Rs 21,570 crore through 19 bids at the rate of 6.00 per cent.

RBI did not inject any money through the repo auction.

Gilts traded low even as easing US yields coupled with the drop in the oil prices supported sentiment in the domestic marke. The security (GS 8.07 per cent 2017) traded at 101.50 and gave a yield of 7.85 per cent.

Today, RBI had fixed the reference rate for the day at Rs 46.15/ USD compared to the previous rate of Rs 46.22/USD.


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