Call money opens at 9.50-10.00 pc

Mumbai, Apr 20 (UNI) Call money opened steady at 9.50-10.00 per cent today compared to the previous day's closing 9.50 per cent ahead of inflation data.

Cash supplies were hit this week by outflows of Rs 7750 crore after reserve requirements for banks were increased last Saturday.

The next leg takes effect on April 28 2007.

Indian bond yields fell on Friday ahead of inflation data which could offer clues on the outlook for interest rates at next week's Central Bank policy review.

At 09:45 hrs, the yield on the benchmark 10-year bond yield was at 8.06 per cent, down from the previous close of 8.08 per cent.

UNI