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Tuesday, Nov 21, 2006
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Money & Banking - Short Term Instruments
Call rates lower

Our Bureau

Mumbai, Nov. 20

Call rates ruled between 6.9 per cent and 7 per cent against 7.1 and 7.2 per cent on Friday. In the first one-day reverse-repo auction and repo auction under LAF, the RBI did not receive nor accept any bid. In the second one-day reverse-repo auction, it accepted and received nine bids for Rs 9,745 crore. The CBLO market saw 430 trades aggregating Rs 21,069.9 crore in the 5.96-7.05 per cent range.

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