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Tuesday, Apr 04, 2006
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 Money & Banking - Short Term Instruments


Call rates end at 6%

Our Bureau

Mumbai, April 3

The call rate closed at 6 per cent (6.75-7 per cent).

In the one-day reverse repo, under the liquidity adjustment facility, RBI accepted one bid, amounting to Rs 50 crore and 2 bids for Rs 1,030 crore in the repo auction. In the second auction, the central bank accepted 19 bids for Rs 9,860 crore through the reverse repo and one bid for Rs 35 crore through the repo auction. The CBLO market saw 414 trades, aggregating to Rs 19,775.7 crore in the rate range of 1-6.4 per cent.

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