Business Daily from THE HINDU group of publications
Friday, Aug 15, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Friday, Aug 15, 2008 ePaper | Mobile/PDA Version | Audio |
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Money & Banking
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Short Term Instruments Call rates end lower Mumbai, Aug. 14 Call rates ended substantially lower at 8.35-8.50 per cent, against the previous close of 9.30-9.35 per cent. In the four-day repo auction under the first liquidity adjustment facility (LAF), the RBI received and accepted 24 bids worth Rs 26,130 crore. There were no reverse repo bids. In the second LAF (SLAF), the RBI received and accepted 7 repo bids worth Rs. 5,505 crore. In the four-day reverse repo auction, the RBI received and accepted 5 bids worth Rs 1,300 crore. In the CBLO market, there were 448 trades amounting to Rs 20,854.35 crore in the rate range of 6.25-10 per cent. — Our Bureau More Stories on : Short Term Instruments
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