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Tuesday, Mar 07, 2006


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Money & Banking - Short Term Instruments


Call rates tad higher

Our Bureau

Mumbai, March 6

The call rate closed on Monday at 6.75-6.80 per cent, a tad higher than the previous level of 6.40/50 per cent.

In the first one-day auction, the RBI did not receive any bids in the reverse repo. It received 20 bids for Rs 9,110 crore in the repo.

In the second auction, the RBI received and accepted three bids for Rs 135 crore in reverse repo and nine bids for Rs 3,535 crore in the repo auction.

In the CBLO market, there were 276 trades for Rs 21,293.95 crore in the 6.35-6.51 per cent range.

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