Call money ends at 9.00-09.25 per cent

Mumbai, May 3 (UNI) Call money rates today ended at 09.00-09.25 per cent compared to previous close of 08.25-08.50 per cent on Monday, with trade resuming after the two-day holiday.

During the day, it touched a high of 09.50 per cent and a low of 08.00 per cent.

Liquidity tightened due to outflow towards the last tranche of cash reserve ratio (CRR) hike and auction of security bonds, dealers said.

Inter-bank rates traded firmly. The continuous liquidity control measures from the Reserve Bank of India (RBI) are expected to keep banks cautious while lending even if the liquidity situation improves.

Traders are also wary of fresh supplies coming to market. An auction of Rs 10,000 crore of government bonds is scheduled to be held between May 4 and 11.

UNI