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Call money ends at 0.10-0.30 pc

Mumbai July 30 (UNI) Call money rates closed at 0.10-0.30 per cent today as against previous closing of 0.20-0.30 per cent.

The scheduled bond and T-bills auctions, totalling Rs.19,000 crore in the week, kept the borrowings high.

However, cash supplies in the market surpassed the demand for funds and it kept liquidity at ease.

At the LAF window, though the RBI received 86 bids worth Rs.1,50,240 crore at the 1-day reverse repo auction, it accepted only Rs.2,999 crore while no bid was received at the 1-day repo auction.

At the CBLO segment, 232 bids worth Rs 20,693 crore were transacted in the range of 0.01-0.10 per cent.

RBI's quarterly review of monetary policy is scheduled tomorrow and it is likely to influence call rates, dealers added.

UNI

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