Call money ends low at 0.25 per cent

Mumbai July 6 (UNI) Call money rates today closed lower at 0.25 per cent compared to their previous close of 1.00 per cent.

According to market watchers, there is an ample liquidity in the market with infusion of Rs 50,000 crore into the system this week.

The call rates were hovering steady in the interbank call money market on account of liquidity in the market, dealers said.

RBI's likely announcement of MSS bonds in coming week will tighten liquidity in the market.

Meanwhile, Rs 10,000 crore will go out from the system on coming Monday as a repayment of corporate taxes, dealers added.

UNI