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Friday, Jan 19, 2007
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Money & Banking - Short Term Instruments
Call rates end marginally down

Our Bureau

Mumbai, Jan 18

Call rates closed slightly lower at 7.9-8 per cent (8-8.2 per cent).

In the first one-day reverse-repo auction under the Liquidity Adjustment Facility, the RBI received and accepted one bid for Rs 90 crore and in the repo auction, it received and accepted 15 bids for Rs 5,280 crore. In the second one-day reverse-repo auction, the RBI accepted and received four bids for Rs 105 crore and in the repo auction, it received and accepted 11 bids for Rs 3,535 crore. The CBLO market saw 354 trades aggregating Rs 21,736.25 crore in the 7.01-7.27 per cent range.

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