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BUSINESS STANDARD

Money market

Sentiment: Positive

  • Yields on government securities and corporate bonds softened.
  • Though banks chose to stay on the sidelines due to annual closing of accounts, mutual funds and primary dealers built up positions on the back of easy liquidity.
  • There was hardly any trading in the call money market.
  • At the two-day repo auction the RBI received 23 bids aggregating Rs 14,010 crore. All the bids were accepted.
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    First Published: Apr 02 2003 | 12:00 AM IST

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