Call money resumes flat at 4.75 pc

Mumbai, May 9 (UNI) Call rates today opened largely steady at 4.75-5.00 per cent, compared to 4.50-4.75 pc on previous day's close, dealers said.

Inspite of the bond auctions, cash supply improved as customary start-of-the month government spendings along the redemptions and coupon payment. Easy liquidity was also evident from the LAF window.

Money market rates are likely to be at ease as availability of the fund in the system, they added.

UNI