OREANDA-NEWS. May 23, 2011. RBI released money market operations as on May 20, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

1,516.67

6.35

1.00-7.45

 

I. Call Money

364.27

6.98

6.25-7.45

 

II. Collateralised Borrowing and

1,118.65

6.17

1.00-7.30

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

33.75

5.50

5.50-5.50

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

9,031.94

7.33

5.00-7.50

 

II. Term Money@@

125.00

-

9.30-9.50

 

III. CBLO

19,625.40

6.21

1.00-6.90

 

IV. Market Repo

37,697.09

7.04

4.60-8.75

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(3 days)

58,640.00

7.25

 

 

(ii) Reverse Repo

(3 days)

450.00

6.25

 

D.

Marginal Standing Facility #

(3 days)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

2,020.84

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

18/05/2011

330,464.37

(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