Call Rates Rise to 5.25% on Reporting Friday

By SivamCall Rates Rise to 5.25% on Reporting Friday

Interbank call rates climbed to 5.25% on Friday from 4.80% Thursday, driven by increased demand as the two-week reporting cycle concluded. Explore market figures.

Call Rates Jump on Reporting Friday

Interbank call rates climbed to 5.25% on Friday, up from 4.80% on Thursday. This increase was driven by higher demand during the final trading session of the two-week reporting cycle.

Key Market Figures

  • Interbank call rates: 5.25% (Friday) vs. 4.80% (Thursday)
  • Weighted Average Rate (WAR) in call money: 5.37% (Friday) vs. 5.33% (Thursday)
  • Overnight borrowing rates touched a high of 5.45% and a low of 4.20%.
  • In the Triparty Repo (TREP) market, the WAR stood at 5.20% on Friday.
  • TREP total volume reached Rs 448940.95 crore.

Why the Surge?

The rise in rates is attributed to persistent high demand from banks looking to borrow short-term funds as the crucial two-week reporting cycle wrapped up.

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