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Saturday, Sep 09, 2006

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Money & Banking - Short Term Instruments
Call rate unchanged

Our Bureau

Mumbai, Sept. 8

The call rate was unchanged at 6-6.10 per cent. In the first three-day reverse repo auction under LAF, the Reserve Bank of India received and accepted 18 bids amounting to Rs 20,200 crore and in the second three-day reverse repo auction, 33 bids for Rs 23,605 crore. There were no repo bids. The CBLO market saw 232 trades aggregating Rs 13,619.65 crore in the 5.80-6.20 per cent range.

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