Call rates closed at 5-5.10 levels. Some stray deals were struck at 5.02/5.05 levels.
Benchmark yield closed at 6.9477 per cent at a price of Rs 102.6850.
Market did not react much to the 25 basis point hike by the Federal Reserve.
Dealers see no major changes in the market till the month-end, but foresee a rate hike in the RBI