Call rates close 20 bps high at 6.80 pc, bonds high

Mumbai, Sep 20 (UNI) Call rates today traded between 6.60-6.80 per cent, which is 20 basis points more than the previous close, amidst sufficient demand and liquidity flow.

RBI in the call money market on September 19 transacted Rs 14,948 crore at the weighted average of 6.61 per cent.

In the first Liquidity adjustment RBI transacted Rs 595 crore through five bids at the rate of 6.00 per cent, whereas, in the second liquidity auction the amount transacted was to the tune of Rs 8,030 crore through 13 bids.

RBI did not inject any money through the repo auction.

Gilts resumed there upward movement triggered by a rally in the US treasuries and softer US yields. The security (GS 8.07 per cent 2017) traded at 102.82 and gave a yield of 7.67 per cent.

Today, RBI had fixed the reference rate for the day at Rs 46.05/ USD compared to the previous rate of Rs 46.11/USD.

UNI VS MJ SKB1812