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Tuesday, Oct 23, 2007
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Money & Banking - Short Term Instruments
Call rates rise marginally

Mumbai, Oct 22

The inter bank call rate closed slightly higher at 6.10- 6.20 per cent, against Friday's close at 6.00-6.05 per cent. In the first one-day reverse repo auction under the Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 34 bids for Rs 36,730 crore. There was no repo bid. The CBLO market saw 414 trades aggregating Rs 31,933.85 crore in the 5.85-6.19 per cent range. - Our Bureau

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