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Saturday, Jul 22, 2006

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Money & Banking - Short Term Instruments
Call rates unchanged

Our Bureau

Mumbai, July 21

Call rates remained unchanged between 5.75 and 5.85 per cent. In the first three-day reverse repo auction under LAF, Reserve Bank of India received and accepted 24 bids amounting to Rs 22,055 crore and in the second three-day reverse repo auction, 46 bids for Rs 24,015 crore. There were no repo bids. The CBLO market saw 348 trades aggregating to Rs 19,721.90 crore in the 4.00-5.85 per cent range.

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