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Tuesday, May 23, 2006
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 Money & Banking - Short Term Instruments


Call rates steady

Our Bureau

Mumbai, May 22

Call rates were stable at 5.5-5.6 per cent. In the first one-day reverse repo auction under LAF, the RBI received and accepted 31 bids amounting to Rs 27,655 crore and 40 bids amounting to Rs 30,720 crore in the second auction. There were no repo bids. The CBLO market saw 300 trades, aggregating Rs 18,997.1 crore in the rate range of 4.79 per cent and 5.40 per cent.

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