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Wednesday, Jun 04, 2008
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 Money & Banking - Short Term Instruments
Call rates close lower

Mumbai, June 3

Call rates closed lower at 6-6.05 per cent, against the previous close of 6-6.25 per cent, as the liquidity improved. In the one-day reverse repo auction, the RBI received and accepted 17 bids for Rs 27,955 crore. There were no repo bids. In the CBLO market, there were 572 trades amounting to Rs 47,663.95 crore in the rate range of 4.8 - 8 per cent. - Our Bureau

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