OREANDA-NEWS. July 8 2011. RBI announced money market operations as on July 7, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

100,982.90

7.28

5.50-7.63

 

I. Call Money

14,697.13

7.50

5.50-7.60

 

II. CBLO

73,954.60

7.23

6.61-7.63

 

III. Market Repo

12,331.17

7.35

6.90-7.55

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

11.56

6.76

6.50-6.85

 

II. Term Money@@

150.20

-

8.10-9.50

 

III. CBLO

0.00

-

-

 

IV. Market Repo

80.00

9.25

9.25-9.25

 

V. Repo in Corporate Bond

0.00

-

-

 

 

 

Amount

Current

 

RBI OPERATIONS

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

7,560.00

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

1,580.68

7.50

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

05/07/2011

332,490.95

(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