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Tuesday, Aug 12, 2008
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 Money & Banking - Short Term Instruments
Call rates close higher

Mumbai, Aug. 11

Call rates closed higher at 9.20-9.25 per cent against the previous close of 9.10-9.20 per cent. In the oneday repo auction under the liquidity adjustment facility, the RBI received and accepted 25 bids for Rs 23,705 crore. There were no reverse repo bids. In the CBLO market, there were 455 trades worth Rs 31,556.50 crore in the rate range of 8.35-10 per cent. - Our Bureau

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