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Wednesday, Sep 10, 2008
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 Money & Banking - Short Term Instruments
Call rates close lower

Mumbai, Sept. 9

Call rates closed lower at 8.50-8.75 per cent, against the previous close of 9.00-9.10 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 2 bids worth Rs 3,025 crore. In the one-day reverse repo auction, the RBI received and accepted 1 bid for Rs 10 crore. In the CBLO market, there were 459 trades amounting to Rs 33,814 crore in the rate range of 7.70-9.08 per cent. –

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