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Money & Banking - Short Term Instruments
Call rate ends lower

Mumbai, Jan. 1

Call rates closed lower at 5.20-5.25 per cent, as against the previous close 6.40-6.50 per cent. In the one-day repo auction under the first liquidity adjustment facility (LAF), there were no bids. In the one-day reverse repo auction, the RBI received and accepted 5 bids for Rs 1,500 crore. In the one-day repo auction under the second LAF, there were no bids. In the one-day reverse repo auction under second LAF, the RBI received and accepted 33 bids for Rs 67,215 crore. In the 14-day special repo auction scheme for mutual funds and NBFCs under the LAF, there were no bids. In the CBLO market, there were 491 trades for Rs 36,112.15 crore in the range of 3.75-5.06 per cent.

— Our Bureau

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