OREANDA-NEWS. May 11, 2011. RBI announced money market operations as on May 10, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (IplusIIplusIIIplusIV)

95,228.83

7.19

3.75-7.55

 

I. Call Money

19,621.48

7.38

3.75-7.55

 

II. Collateralised Borrowing and

56,785.30

7.12

6.76-7.40

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

18,822.05

7.20

6.50-7.30

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

12.14

6.36

5.70-6.50

 

II. Term Money@@

88.00

-

8.10-9.05

 

III. CBLO

0.00

-

-

 

IV. Market Repo

15.00

5.75

5.75-5.75

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

66,485.00

7.25

 

 

(ii) Reverse Repo

(1 day)

45.00

6.25

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

2,961.09

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

07/05/2011

328,669.33

(ii) Average daily cash reserve requirement for the fortnight ending

20/05/2011

338,818.00

@ Based on Provisional RBI / CCIL Data - Not Applicable / No Transaction

# As announced in the Monetary Policy for the year 2011-12, a new Marginal Standing Facility (MSF) has been introduced with effect from May 9, 2011.

** Relates to uncollateralized transactions of 2 to 14 days tenor

@@ Relates to uncollateralized transactions of 15 days to one year tenor