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Thursday, May 04, 2006


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Money & Banking - Short Term Instruments


Call rate unchanged

Our Bureau

Mumbai, May 3

The call rate closed unchanged at 5.5-5.6 per cent. In the first one-day reverse repo auction under LAF, RBI received and accepted 32 bids amounting to Rs 27,865 crore and 39 bids for Rs 42,855 crore in the second auction. There were no repo bids. The CBLO market saw 305 trades, aggregating to Rs 18,724.65 crore in the rate range of 5.14-5.45 per cent.

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