Date:25/11/2006 URL: http://www.thehindubusinessline.com/2006/11/25/stories/2006112502230600.htm

Back Call rates lower

Our Bureau

Mumbai, Nov. 24

Call rates ruled low between 6.05 per cent and 6.15 per cent against Thursday's 6.1 per cent and 6.2 per cent. In the first three-day reverse-repo auction under LAF, the RBI received and accepted five bids for Rs 3,490 crore. There were no repo bids. In the second three-day reverse-repo auction, the RBI accepted and received 29 bids for Rs 12,505 crore. The CBLO market saw 349 trades aggregating to Rs 16,545.6 crore in the 4.10-6.18 per cent range.