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Money & Banking - Short Term Instruments
Call rates down at 2.75-3%

Our Bureau

Mumbai, June 18

Call rates ended at 2.75 per cent to 3 per cent against the previous close of 3 per cent to 3.25 per cent. There were no repo bids in the first liquidity adjustment facility. In the first one-day reverse repo auction, the RBI received 28 bids for Rs 35,700 crore and accepted 28 bids for Rs 2,000 crore. In the second one-day reverse-repo auction, it received 33 bids for Rs 33,750 crore and accepted 30 bids for Rs 999 crore. The CBLO market saw 331 of trades aggregating Rs 27,070.2 crore in the 0.03 per cent-0.75 per cent range.

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