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Wednesday, Jul 16, 2008
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 Money & Banking - Short Term Instruments
Call rates steady

Mumbai, July 15

Call rates closed at 8.90-9.10 per cent, against the previous close of 8.90-9.00 per cent.

In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 29 bids worth Rs. 43,825 crore. There were no reverse repo bids. In the CBLO market, there were 420 trades amounting to Rs. 24,169.90 crore in the rate range of 7.01-9.01 per cent. - Our Bureau

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