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Friday, Apr 21, 2006

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Money & Banking - Short Term Instruments

Call rates unchanged at 5.5-5.6 pc

Our Bureau

Mumbai, April 20

Call rates were unchanged at 5.5-5.6 per cent. In the one-day reverse repo auction, under LAF, the RBI received and accepted 36 bids amounting to Rs 28,520 crore in the first auction and 31 bids for Rs 29,185 crore in the second. There were no repo bids. The CBLO market saw 335 trades, aggregating to Rs 23,275.55 crore in the rate range of 4.89-5 per cent.

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