OREANDA-NEWS. July 7, 2011. RBI Announced Money Market Operations as on July 6, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

99,934.55

7.36

6.00-7.70

 

I. Call Money

16,189.60

7.54

6.00-7.65

 

II. CBLO

69,387.25

7.31

6.00-7.49

 

III. Market Repo

14,357.70

7.42

6.50-7.70

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

591.30

7.70

6.00-8.25

 

II. Term Money@@

350.00

-

8.10-8.60

 

III. CBLO

100.00

8.00

8.00-8.00

 

IV. Market Repo

10.00

9.50

9.50-9.50

 

V. Repo in Corporate Bond

0.00

-

-

 

 

 

Amount

Current

 

RBI OPERATIONS

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

13,795.00

7.50

 

 

(ii) Reverse Repo

(1 day)

0.00

6.50

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.50

 

E.

Standing Liquidity Facility Availed from RBI

1,931.23

7.50

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

04/07/2011

353,010.68

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

15/07/2011

341,097.00

@ 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