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 Money & Banking - Short Term Instruments


Call rates close at 5.5 pc

Our Bureau

Mumbai, April 17

The call rate closed at 5.5 per cent (5.5/5.6). In the one-day reverse repo auction, under LAF, the RBI received and accepted 22 bids amounting to Rs 15,980 crore in the first auction and 28 bids for Rs 19,225 crore in the second auction. There were no repo bids. The CBLO market saw 390 trades, aggregating to Rs 24,831.85 crore in the rate range of 4.5-6 per cent.

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