Call rates trade high at 6.25 - 6.35 pc level, bonds low

Mumbai, Sep 18 (UNI) Call rates traded between 6.25-6.35 per cent amidst moderate demand and sufficient liquidity.

RBI in the call money market on Sep 16 transacted Rs 71.97 crore at the weighted average of 6.30 per cent.

In the first Liquidity adjustment RBI transacted Rs 1,140 crore through 16 bids at the rate of 6.00 per cent, whereas, in the second liquidity auction the amount transacted was to the tune of Rs 2,485 crore through seven bids.

RBI did not inject any money through the repo auction.

Gilts traded with a downward bias over shrining money market liquidity. The security (GS 8.07 per cent 2017) traded at 101.68 and gave a yield of 7.83 per cent.

Today, RBI had fixed the reference rate for the day at Rs 46.12/ USD compared to the previous rate of Rs 46.13/USD.

UNI VS MJ AG1902