OREANDA-NEWS. May 18, 2011. RBI announced money market operations as on May 16, 2011.

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

70,221.50

7.30

5.00-7.50

 

I. Call Money

16,145.80

7.40

5.00-7.50

 

II. Collateralised Borrowing and

38,083.15

7.29

7.21-7.50

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

15,992.55

7.23

6.70-7.35

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

14.40

6.30

6.00-7.25

 

II. Term Money@@

260.00

-

8.00-9.45

 

III. CBLO

0.00

-

-

 

IV. Market Repo

70.00

5.50

5.50-5.50

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(2 days)

56,400.00

7.25

 

 

(ii) Reverse Repo

(2 days)

375.00

6.25

 

D.

Marginal Standing Facility #

(2 days)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

1,981.09

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

13/05/2011

361,733.04

(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