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BUSINESS STANDARD

Sentiment : Cautious

Call money rates edged up to 5.75-5.85 per cent as banks increased their borrowings to facilitate advance tax payments next week.

There were 11 bids aggregating Rs 17,195 crore at the 3-day repo auction, which were accepted partially for Rs 15,476 crore.

Prices of medium-tenor gilts ended down 10 to 12 paise from early session levels.

Yield on the benchmark 10-year paper rose by two basis points to 7.17 per cent.

The RBI governor

 

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First Published: Sep 14 2002 | 12:00 AM IST

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