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Tuesday, Aug 05, 2008
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Money & Banking - Short Term Instruments
Call rates end lower

Mumbai, Aug 4

The inter-bank call rate closed lower at 9.00-9.10 per cent, against the previous close of 9.40-9.50 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 19 bids worth Rs 23,810 crore. There were no reverse repo bids. In the CBLO market, there were 443 trades amounting to Rs 32,205.85 crore in the rate range of 8.90-9.20 per cent. - Our Bureau

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