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Tuesday, Sep 02, 2008
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Money & Banking - Short Term Instruments
Call rates end lower

Mumbai, Sept. 1

The inter-bank call rate closed at 9.25-9.50 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 20 bids worth Rs 22,055 crore. There were no reverse repo bids. In the CBLO market, there were 440 trades amounting to Rs 29,046.7 crore in the rate range of 7.52-9.05 per cent.

— Our Bureau

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