OREANDA-NEWS. June 8, 2011. RBI announced money market operations as on June 07, 2011.

(Amounts in crore, Rate in Per cent)

MONEY MARKETS @

Volume (One Leg)

Weighted Average Rate

Range

A.

Overnight Segment (I+II+III+IV)

76,804.57

7.28

4.00-7.45

 

I. Call Money

15,689.53

7.38

5.90-7.45

 

II. Collateralised Borrowing and

43,999.20

7.25

7.00-7.31

 

Lending Obligation (CBLO)

 

 

 

 

III. Market Repo

17115.84

7.28

4.00 - 7.30

 

IV. Repo in Corporate Bond

0.00

-

-

B.

Term Segment

 

 

 

 

I. Notice Money**

5.15

6.19

6.10-6.25

 

II. Term Money@@

10.00

-

9.50-9.50

 

III. CBLO

0.00

-

-

 

IV. Market Repo

80.00

8.75

8.75-8.75

 

V. Repo in Corporate Bond

0.00

-

-

RBI OPERATIONS

 

Amount

Current

 

 

 

 

Outstanding

Rate

 

C.

Liquidity Adjustment Facility

 

 

(i) Repo

(1 day)

78,030.00

7.25

 

 

(ii) Reverse Repo

(1 day)

0.00

6.25

 

D.

Marginal Standing Facility #

(1 day)

0.00

8.25

 

E.

Standing Liquidity Facility Availed from RBI

1,797.14

7.25

 

RESERVE POSITION @

F.

Cash Reserves Position of Scheduled Commercial Banks

 

(i) Cash balances with RBI as on

04/06/2011

341,223.67

 

 

05/06/2011

341,223.67

 

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

17/06/2011

339,483.00

@ 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