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Tuesday, May 30, 2006
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 Money & Banking - Short Term Instruments


Call rates steady

Our Bureau

Mumbai, May 29

Call rates were steady at 5.5-5.6 per cent (5.5-5.6 per cent). In the first one-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 25 bids amounting to Rs 33,455 crore and in the second auction, 32 bids for Rs 26,475 crore. There were no repo bids. The CBLO market saw 313 trades, aggregating Rs 18,156.5 crore in the 4.68 - 5 per cent range.

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