OREANDA-NEWS. May 16, 2011. RBI announced money market operations as on May 13, 2011

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (IplusIIplusIIIplusIV)

1,026.34

6.96

5.05-7.50

 

I. Call Money

593.44

7.02

5.95-7.50

 

II. Collateralised Borrowing and

399.90

6.91

5.05-7.50

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

33.00

6.50

6.50-6.50

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

13,913.87

7.42

5.00-7.75

 

II. Term Money@@

202.00

-

8.00-10.05

 

III. CBLO

40,627.05

7.18

6.80-7.60

 

IV. Market Repo

14,333.89

7.22

6.50-8.60

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(3 days)

75,735.00

7.25

 

 

(ii) Reverse Repo

(3 days)

340.00

6.25

 

D.

Marginal Standing Facility #

(3 days)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

2,091.09

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

11/05/2011

344,271.60

(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