OREANDA-NEWS. June 1, 2011. RBI announced money market operations as on May 31, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

76,529.92

7.25

6.00-7.40

 

I. Call Money

11,815.49

7.33

6.00-7.40

 

II. Collateralised Borrowing and

46,348.00

7.24

7.16-7.28

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

18,366.43

7.22

6.25-7.35

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

9.50

6.35

6.00-6.50

 

II. Term Money@@

48.00

-

8.65-9.50

 

III. CBLO

0.00

-

-

 

IV. Market Repo

130.00

6.87

6.85-6.95

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

46,040.00

7.25

 

 

(ii) Reverse Repo

(1 day)

30.00

6.25

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

2,897.10

7.25

 

RESERVE POSITION @

 

F.

Cash Reserves Position of Scheduled Commercial Banks

 

 

(i) Cash balances with RBI as on

28/05/2011

355,802.46

 

 

 

29/05/2011

355,802.46

 

 

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

03/06/2011

339,899.00

 

@ 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