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 Money & Banking - Short Term Instruments
Call rates close higher

Mumbai, Oct. 15

Call rates closed higher at 10-10.25 per cent, against the previous close of 8.75-9 per cent. In the CBLO market, there were 412 trades amounting to Rs 20,118.50 crore in the rate range of 8.8-10 per cent. In the two one-day repo auctions under the first liquidity adjustment facility (LAF), the RBI received and accepted 55 bids worth Rs 53,340 crore. There were no reverse repo bids. In the one-day repo auction under the second LAF, the RBI received and accepted 24 bids for Rs 17,800 crore.

— Our Bureau

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