OREANDA-NEWS. May 10, 2011. RBI announced money market operations as on May 09, 2011.

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (IplusIIplusIIIplusIV)

90,320.42

7.21

5.00-7.50

 

I. Call Money

17,171.04

7.35

5.00-7.50

 

II. Collateralised Borrowing and

55,891.80

7.17

6.50-7.50

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

17,257.58

7.21

5.75-7.30

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

58.70

6.77

6.00-8.40

 

II. Term Money@@

5.50

-

7.90-7.90

 

III. CBLO

0.00

-

-

 

IV. Market Repo

125.65

6.23

5.50-7.20

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

64,305.00

7.25

 

 

(ii) Reverse Repo

(1 day)

50.00

6.25

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

1,961.09

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

(i) Cash balances with RBI as on

06/05/2011

331,243.81

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

06/05/2011

339,631.00

@ 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