Call rates trade flat at 6.40-6.50 pc level, bonds down

Mumbai, Sep 28 (UNI) Call rates today traded flat from 6.40-6.50 per cent amidst moderate demand and sufficient liquidity.

The Reserve Bank of India (RBI) in the call money market on September 27 transacted Rs 12,951.12 crore at the weighted average of 6.46 per cent.

In the first liquidity adjustment, RBI transacted Rs 5,210 crore through four bids at the rate of 6.00 per cent.

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

Reversing previous trends, gilt prices dipped on account of profit booking at higher levels. The 11-year bond (GS 8.07 per cent 2017) traded at 102.76 and gave a yield of 7.67 per cent.

Today, the apex bank had fixed the reference rate for the day at Rs 45.92 per US dollar flat as compared to the previous rate of Rs 45.92 per USD.

UNI VS GB SKB1828