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Wednesday, Jan 02, 2008
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 Money & Banking - Short Term Instruments
Call rates end lower

Mumbai, Jan. 1

The inter-bank call rate ended at 6.85-7 per cent, against the previous close at 7.25-7.35 per cent. In the one-day auction under the Liquidity Adjustment Facility, the Reserve Bank of India received and accepted one reverse repo bid for Rs 5 crore and two repo bids for Rs 2,050 crore. The CBLO market saw 532 trades aggregating Rs 42,398.75 crore in the 6.00-07.00 per cent range. - Our Bureau

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