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 Money & Banking - Short Term Instruments
Call rates steady

Mumbai, Oct 31

The inter bank call rate closed at 6.05-6.10 per cent, against Tuesday's close at 6.10-6.20 per cent. In the first one-day reverse repo auction under the Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 5 bids for Rs 5,015 crore. There was no repo bid. The Collateralised Borrowing and Lending Obligation market saw 488 trades aggregating Rs 36, 571 crore in the 5.90-6.15 per cent range. - Our Bureau

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