Business Daily from THE HINDU group of publications Tuesday, Dec 02, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Money & Banking
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Short Term Instruments Call rates close at 6.15% Mumbai, Dec. 1 Call rates closedr at 6.10-6.15, as against the previous close of 6.40-6.50 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there was 1 bid for Rs 500 crore. In the reverse repo auction, the RBI received and accepted 12 bids for Rs 21,885 crore. In the one-day repo auction under the second LAF, there were no bids. In the one day reverse repo auction under second LAF, the RBI received and accepted 14 bids for Rs 14,680 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there was one bid for Rs 400 crore. In the CBLO market, there were 485 trades amounting to Rs 34,497.20 crore in the rate range of 5.10-6.01 per cent. - Our Bureau
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