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Friday, Aug 22, 2008
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 Money & Banking - Short Term Instruments
Call rate ends lower

Mumbai, Aug. 21

The inter-bank call rate closed lower at 9.00-9.25 per cent, against the previous close of 9.40-9.60 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 25 bids for Rs 29,470 crore. There were no reverse repo bids. In the CBLO market, there were 378 trades amounting to Rs 23,556.90 crore in the rate range of 8.70-9.10 per cent.

— Our Bureau

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