OREANDA-NEWS. July 11, 2011. RBI announced money market operations as on July 8, 2011.

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

1,313.53

7.34

5.50-7.70

 

I. Call Money

886.98

7.34

6.00-7.60

 

II. CBLO

426.55

7.34

5.50-7.70

 

III. Market Repo

0.00

-

-

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

15,916.83

7.47

5.50-7.70

 

II. Term Money@@

162.50

-

8.10-9.80

 

III. CBLO

74,864.35

7.41

7.29-7.70

 

IV. Market Repo

12,507.32

7.37

7.00-8.40

 

V. Repo in Corporate Bond

0.00

-

-

 

 

 

Amount

Current

 

RBI OPERATIONS

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(3 days)

13,595.00

7.50

 

 

(ii) Reverse Repo

(3 days)

0.00

6.50

 

D.

Marginal Standing Facility #

(3 days)

0.00

8.50

 

E.

Standing Liquidity Facility Availed from RBI

2,428.06

7.50

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

06/07/2011

327,169.35

(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