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Wednesday, Aug 27, 2008
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Money & Banking - Short Term Instruments
Call rates steady

Mumbai, Aug. 26

Call rate closed at 9.00-9.25 per cent, against the previous close of 9.00-9.15 per cent. In the one-day repo auction under the liquidity adjustment facility, the RBI received and accepted 10 bids worth Rs 5,500 crore. There were no reverse repo bids. In the CBLO market, there were 455 trades for Rs 31,037.05 crore in the rate range of 8.80-9.28 per cent. - Our Bureau

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