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Tuesday, Aug 28, 2007
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Money & Banking - Short Term Instruments
Call rates lower

Mumbai, Aug. 27

The inter-bank call rates closed at 6.10 - 6.15 per cent on Monday against the previous close of 6.30 - 6.40 per cent. In the first reverse repo auction under LAF, RBI received and accepted seven bids for Rs 7,770 crore. There was no repo bid.

The CBLO market saw 455 trades aggregating Rs 39,140.10 crore in the 4.50 - 6.10 per cent range. - Our Bureau

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