They said banks and non-bank financial institutions made a record transaction on the call money
market on July 2, borrowing collectively 6.5 per cent from the market on the day.
The head of the apex bank said that it was monitoring the liquidity situation and trying to keep the call money
rate close to 8 percent.
Muscat: The SME Development Fund, which raised OMR10 million as call money
of the first tranche of OMR20 million, will be deploying the fund to support small and medium units by April, according to sources.
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MUMBAI -- Unusual short term liquidity shortfall in the money market forced call money
rate o the overnight interest rate that a bank pays to borrow from another bank o to shoot up to a high of about 13% on Friday last week.
So far, the interest rate for unsecured overnight call money
, the key short-term interest rate, has been stably set at slightly below the BOJ's target rate of 0.1 percent.
Bank Lampung's readiness to pay off its maturing bonds is backed by the availability of Fasbi amounting to IDR614bn and call money
amounting to IDR100bn as of 31 December 2009, the agency said.
"I Sold Andy Warhol (Too Soon)" is one man's reflections on the world of art and how it has quickly departed from admiring artistic expression to being all about the art on green paper we call money
. Jaded, surprised, and disappointed, Richard Polsky tells what can be a sad tale of the commercialization of human creativity.
The BOJ Policy Board also voted 6-3 to leave the overnight unsecured call money
lending rate unchanged at around 0.25%, while voting unanimously to introduce a ''Lombard-type'' lending facility, in which it extends loans to private financial institutions with securities as collateral, according to the minutes.
The unsecured overnight call money
rate on a weighted average stood at 0.04%, unchanged from late trading on Monday.
There are three things my mother told me to never forget when leaving home -- a sweater, emergency phone call money
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