Our Bureau

Mumbai, Jan. 19

Call rates ruled at 7.7-7.9 per cent against Thursday's close of 7.9-8 per cent. In the first three-day reverse-repo auction under LAF, the RBI received and accepted three bids for Rs 190 crore and in the first three-day repo auction, RBI received and accepted 11 bids for Rs 6,275 crore.

In the second three-day reverse-repo auction, RBI accepted and received four bids for Rs 75 crore and in the second three-day repo auction, RBI received and accepted 15 bids for Rs 5,800 crore. The CBLO market saw 296 trades aggregating to Rs. 19,102.50 crore in the 6.50 per cent-7.75 per cent range.

(This article was published in the Business Line print edition dated January 20, 2007)
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