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Wednesday, Mar 12, 2008
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Money & Banking - Short Term Instruments
Call rates close higher

Mumbai, March 11

The inter bank call rate closed at 6.05-6.15 per cent, against the previous close at 6-6.10 per cent. In the one-day reverse repo auction in the Liquidity Adjustment Facility, the RBI received and accepted 23 bids for Rs 34,805 crore. There were no repo bids. In the CBLO market, there were 527 trades amounting to Rs 45,142 crore in the range of 5.56 -6.30 per cent. - Our Bureau

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