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Tuesday, Apr 25, 2006


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Money & Banking - Short Term Instruments


Call rates steady

Our Bureau

Mumbai, April 24

Call rates closed almost unchanged at 5.5-5.65 per cent (5.5-5.6 per cent). The RBI mopped up Rs 67,000 crore excess liquidity. In the first one-day reverse repo auction under LAF, the RBI received and accepted 36 bids amounting to Rs 33,700 crore and 35 bids for Rs 33,300 crore in the second auction. There were no repo bids. The CBLO market saw 281 trades, aggregating to Rs 19,151.50 crore in the rate range of 5.19-5.25 per cent.

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