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Money & Banking - Short Term Instruments
Call rate ends lower

Mumbai, Aug. 27

Call rates ended substantially lower at 8.00-8.25 per cent, against the previous close of 9.00-9.25 per cent. With banks covering their positions ahead of reporting Friday, liquidity eased. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 6 bids worth Rs 4,050 crore. There were no reverse repo bids. In the CBLO market, there were 481 trades for Rs 31,172 crore in the rate range of 6.05-8.98 per cent.

— Our Bureau

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