Date:25/07/2007 URL: http://www.thehindubusinessline.com/2007/07/25/stories/2007072552310600.htm

Back Call rates end at 0.2-0.3%

Mumbai, July 24

The inter-bank call rates closed at 0.2-0.3 per cent on Tuesday, lower than the previous close of 0.3-0.4 per cent. The Reserve Bank of India received bids worth Rs 1,13,900 crore through the reverse repo window under the two session of Liquidity Adjustment Facility. The central bank did not receive any bid through the repo window. In the first one-day reverse repo auction, the RBI received 49 bids for Rs 68,545 crore while it accepted bids to the tune of Rs 1,998 crore. I n the second one-day reverse repo auction, the central bank received 39 bids for Rs 45,355 crore while it accepted Rs 999 crore. There were no repo bids in the first and second one-day auctions. The CBLO market saw 248 trades aggregating Rs 24,153.05 crore in the 0.02-0.07 per cent range. —

Our Bureau