The rates for three-month and one-year certificates of deposits rose 5-10 basis points amid thin demand from mutual funds on fears that liquidity may remain tight this month, dealers said.
Three-month CDs were quoted at 7.15-7.25 per cent, as against 7.10-7.15 per cent on Tuesday, while three-month commercial papers were quoted at 7.50-7.70 per cent, as against 7.40-7.60 per cent Tuesday.
The rates in the one-year segment stood at 8.00-8.20 per cent, up from 7.90-8.10 per cent in previous session.
