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Money & Banking - Short Term Instruments
Call rates lower

Mumbai, July 3

Call rates ended lower at 4.75-5.00 per cent, against the previous close of 6.75-7.25 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 1 bid worth Rs 350 crore. In the one-day reverse repo auction, it received and accepted 10 bids for Rs 13,315 crore. In the CBLO market, there were 561 trades amounting to Rs 39,593.40 crore in the rate range of 0.10-7.00 per cent. –

Our Bureau

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