OREANDA-NEWS. July 21, 2011. RBI announced money market operations as on July 20, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

69,963.91

7.54

6.00-7.70

 

I. Call Money

16,091.72

7.59

6.00-7.70

 

II. CBLO

40,510.90

7.50

7.40-7.55

 

III. Market Repo

13361.29

7.57

7.40-7.60

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

1,209.00

7.72

6.00-7.75

 

II. Term Money@@

350.00

-

8.25-8.80

 

III. CBLO

0.00

-

-

 

IV. Market Repo

0.00

-

-

 

V. Repo in Corporate Bond

0.00

-

-

 

 

 

Amount

Current

 

RBI OPERATIONS

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

63,045.00

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

3,003.67

7.50

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

18/07/2011

351,258.12

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

29/07/2011

350,798.00

@ 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