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Tuesday, Nov 07, 2006
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Money & Banking - Short Term Instruments
Call rates unchanged

Our Bureau

Mumbai, Nov. 6

Call rates ruled unchanged between 6.9 per cent and 7 per cent. In the first one-day reverse-repo auction under LAF, the RBI received and accepted three bids amounting to Rs 5,105 crore. There were no repo bids. In the second one-day reverse-repo auction, it accepted and received eight bids for Rs 1,995 crore. The CBLO market saw 438 trades aggregating Rs 24,761.95 crore in the 5.9-7 per cent range.

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