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Money & Banking - Short Term Instruments
Call rates ease on improved liquidity

Our Bureau

Mumbai, Nov. 8

Call rates eased to 6.7-6.8 per cent (6.9-7 per cent) as liquidity improved from around Rs 8,000 crore to over Rs 10,000 crore on Wednesday. In the first one-day reverse repo auction under LAF, the RBI received five bids for Rs 1,900 crore. There were no repo bids.

In the second reverse repo auction, it accepted and received eight bids for Rs 8,895 crore. The CBLO market saw 376 trades aggregating Rs 20,335.35 crore in the 6.12-6.4 per cent range.

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