OREANDA-NEWS. May 12, 2011. RBI announced money market operations as on May 11, 2011.

 (Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (IplusIIplusIIIplusIV)

85,004.06

7.26

4.50 - 8.00

 

I. Call Money

16,612.21

7.41

4.50 - 7.50

 

II. Collateralised Borrowing and

50,047.20

7.24

7.19 - 8.00

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

18,344.65

7.20

6.25 - 7.40

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

7.90

6.21

5.30 - 6.40

 

II. Term Money@@

60.00

-

9.52 - 10.35

 

III. CBLO

0.00

-

-

 

IV. Market Repo

0.00

-

-

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

56,860.00

7.25

 

 

(ii) Reverse Repo

(1 day)

400.00

6.25

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

4,191.09

7.25

 

RESERVE POSITION @

 

F.

Cash Reserves Position of Scheduled Commercial Banks

 

 

(i) Cash balances with RBI as on

08/05/2011

328,669.33

 

 

 

09/05/2011

343,988.27

 

 

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

20/05/2011

338,818.00

 

@ 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