OREANDA-NEWS. May 13, 2011. RBI announced money market operations as on May 12, 2011

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (IplusIIplusIIIplusIV)

79,855.74

7.28

3.25 - 7.59

 

I. Call Money

17,279.35

7.41

3.25 - 7.55

 

II. Collateralised Borrowing and

44,648.15

7.26

7.20 - 7.59

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

17,928.24

7.22

6.60 - 7.35

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

18.00

7.04

5.70 - 8.45

 

II. Term Money@@

65.00

-

8.00 - 8.05

 

III. CBLO

8.25

7.29

7.20 - 7.40

 

IV. Market Repo

89.25

7.31

6.50 - 8.60

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

63,720.00

7.25

 

 

(ii) Reverse Repo

(1 day)

155.00

6.25

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

4,091.09

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

10/05/2011

353,193.86

(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