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Friday, Feb 23, 2007
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Money & Banking - Short Term Instruments
Call rates marginally lower

Our Bureau

Mumbai, Feb. 22

Call rates closed at 6.40 - 6.50 per cent on Thursday against the previous close of 6.80 - 7.00 per cent. In the first one-day reverse repo auction, the RBI received and accepted one bid for Rs 25 crore. In the second one-day reverse repo auction, it received and accepted seventeen bids for Rs 9,020 crore. There were no bids in the first and second one-day repo auction. The CBLO market saw 398 trades aggregating to Rs 23,946.50 crore in the 5.75-7.25 per cent range.

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