OREANDA-NEWS. July 13, 2011. RBI announced money market operations as on July 12, 2011.

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

93,834.09

7.49

5.50-8.15

 

I. Call Money

15,890.72

7.55

5.50-7.65

 

II. CBLO

66,842.60

7.48

7.20-8.15

 

III. Market Repo

11,100.77

7.47

7.10-7.50

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

16.00

6.92

6.00-7.25

 

II. Term Money@@

300.00

-

8.35-8.35

 

III. CBLO

0.00

-

-

 

IV. Market Repo

200.00

8.25

8.25-8.25

 

V. Repo in Corporate Bond

0.00

-

-

 

 

 

Amount

Current

 

RBI OPERATIONS

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

26,755.00

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

1,333.06

7.50

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

 

(i) Cash balances with RBI as on

09/07/2011

323,042.18

 

 

10/07/2011

323,042.18

 

(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.