OREANDA-NEWS. June 24, 2011. RBI Announced Money Market Operations as on June 23, 2011.

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (IplusIIplusIIIplusIV)

83,243.69

7.34

5.75-7.80

 

I. Call Money

18,138.46

7.67

5.90-7.80

 

II. Collateralised Borrowing and

51,594.20

7.17

5.75-7.57

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

13,511.03

7.56

6.95-7.65

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

2.40

6.38

6.25-6.85

 

II. Term Money@@

400.00

-

9.70-9.70

 

III. CBLO

0.00

-

-

 

IV. Market Repo

100.00

9.25

9.25-9.25

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

Amount Outstanding

Current Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

105,315.00

7.50

 

 

(ii) Reverse Repo

(1 day)

175.00

6.50

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.50

 

E.

Standing Liquidity Facility Availed from RBI

2,869.48

7.50

 

RESERVE POSITION @

 

F.

Cash Reserves Position of Scheduled Commercial Banks

 

 

(i) Cash balances with RBI as on

21/06/2011

345,771.08

 

 

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

01/07/2011

342,437.00

 

@ 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