Call money ends at 0.20-0.30 per cent

Mumbai, June 6 (UNI) Call money rates ended softer at 0.20-0.30 per cent today compared to the previous close of 0.30-0.50 per cent.

Outflows couldn't impact on the liquidity situation yet, which is mirrored by the LAF reverse repo auction, which received bids worth Rs. 1,09,525 crore, dealers opined.

At the LAF window, the RBI accepted 78 bids for Rs 3,000 crore at the 1-day reverse repo auction and no bid was received at the 1-day repo auction.

At the CBLO segment, 181 bids for Rs. 14,740 crore were transacted in the range of 0.01-0.50 per cent.

Inter bank rates are likely to trade at the current level but it is expected to inch up from this very low levels as advance tax outflows are scheduled at the end of next week, dealers added.

UNI