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Money & Banking - Short Term Instruments
Call rate closes at 5-5.5

Mumbai, April 3

Call rates closed lower at 5-5.5 per cent, against the previous close of 6.5-6.75 per cent, due to the easing of liquidity.In the one-day repo auction under the liquidity adjustment facility, the RBI received 20 bids for Rs 19,845 crore. There were no repo bids. In the CBLO market, there were 628 bids for Rs 41,715 crore in the rate range of 1-6.5 per cent. - Our Bureau

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