Date:08/12/2007 URL: http://www.thehindubusinessline.com/2007/12/08/stories/2007120852340600.htm

Back Call rates end lower

Mumbai, Dec.7

Call rates closed lower at 4.25-4.50 per cent against the previous close of 6.5-6.6 per cent due to improved liquidity. In the one-day reverse repo auction under Liquidity Adjustment Facility, the Reserve Bank of India received and accepted 11 bids for Rs 6,965 crore. There were no repo bids. The CBLO market saw 486 trades aggregating Rs 30,082.95 crore in the 1-6.3 per cent.

— Our Bureau