Business Daily from THE HINDU group of publications Wednesday, May 09, 2007 ePaper |
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Money & Banking
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Short Term Instruments Call rates end lower Our Bureau
In the first one-day reverse repo auction, the RBI received 17 bids for Rs 17,260 crore while it accepted Rs 1,998 crore. There was no repo bid in the first one - day auction. In the second one - day reverse repo auction, it received 11 bids for Rs 11,335 crore while it accepted Rs 1,002 crore. In the first one - day repo auction, the RBI received and accepted one bid for Rs 30 crore. The CBLO market saw 442 trades aggregating Rs 21,110.90 crore in the 2.03 - 5.25 per cent range.
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