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Tuesday, Mar 21, 2006


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Money & Banking - Short Term Instruments

Call rate closes at 7.25 pc

Our Bureau

Mumbai, March 20

The call rate closed at 7.25 per cent (5.80-6 per cent). In the one-day reverse repo, under the liquidity adjustment facility, the RBI accepted one bid amounting to Rs 140 crore and 23 bids for Rs 15,090 crore through the repo window. In the second auction, the RBI received two bids for Rs 140 crore through the reverse-repo and 17 bids for Rs 7,395 crore in the repo. The CBLO market saw 329 trades, aggregating Rs 18,991.5 crore in the rate range of 6.49 to 6.60.

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