Call money ends at 0.1-0.2 pc

Mumbai Aug 1 (UNI) Call money rates today traded close to minimum level of 0.1-0.2 per cent as compared to 0.10-0.30 per cent on Tuesday.

Amidst high borrowing requirements, post the monetary policy review, with comparatively less surplus cash to lend, call rates are likely to inch up from current levels, dealers opined.

At the Liquidity Adjustment Facility window, though the central bank received 73 bids worth Rs 1,33,875 crore at the 1-day reverse repo auction, it accepted only Rs 3,000 crore while no bid was received at the 1-day repo auction.

At the CBLO segment, 209 bids worth Rs.19,212 crore were traded in the range of 0.01-2.00 per cent.

Though the current systematic liquidity remains robust enough to meet the demands, call rates are likely to close to comfortable level of 6 per cent, dealers added.

UNI