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Thursday, Aug 24, 2006


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Money & Banking - Short Term Instruments
Call rates range-bound

Our Bureau

Mumbai, Aug 23

Call rates were between 6.05 and 6.15 per cent against the Tuesday's rates of 6.00-6.10 per cent. In the first one-day reverse repo auction under the LAF, the Reserve Bank of India received and accepted 18 bids amounting to Rs 20,030 crore and in the second one-day reverse repo auction, 23 bids for Rs 9,475 crore. There were no repo bids. The CBLO market saw 257 trades aggregating to Rs 15,527.70 crore in the 5.81-6.09 per cent range.

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