Money Market Operations as on September 17, 2011

By RBI
Monday, September 19, 2011



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colspan=5>(Amount in ` crore, Rate in per
cent)

MONEY MARKETS
@
Volume Wtd.Avg.Rate Range
(One Leg)
A. Overnight Segment (I+II+III+IV)  

3,618.61

7.79

6.50-8.25

     I.
Call Money
 

931.36

7.98

6.50-8.25

     II.
CBLO
 

2,687.25

7.73

7.25-8.00

     III.
Market Repo
 

0.00

-

-

     IV. Repo in Corporate Bond  
0.00
-
-
B. Term Segment  

 

 

 

     I.
Notice Money**
 

3.00

7.43

7.00-7.65

     II. Term Money@@  

0.00

-

-

     III.
CBLO
 

0.00

-

-

     IV.
Market Repo
 

0.00

-

-

     V. Repo in Corporate Bond  
0.00
-
-
RBI
OPERATIONS
Amount Outstanding Rate$
C. Liquidity
Adjustment Facility
     (i)
Repo

(3 days)

101,705.00

8.00

     (ii)
Reverse Repo
(3 days)

15.00

7.25

D. Marginal Standing Facility # 
(3 days)
 
0.00
9.25
E. Standing Liquidity Facility Availed from RBI  

1,471.54

8.25
 
RESERVE POSITION
@
F. Cash Reserves Position  of Scheduled Commercial Banks

 (i) Cash balances with RBI  as on

15/09/2011

384,251.41

 

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

23/09/2011

352,047.00

 

 @ 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
$ The Reserve Bank (in the Mid Quarter Review of Monetary Policy 2011-12 released  on 16 September 2011) increased the policy repo rate by 25 basis points to 8.25 per cent  with immediate effect. Consequently, the Reverse repo Rate  stands automatically adjusted to 7.25 per cent and MSF Rate to 9.25 per cent.

J. D. Desai
Assistant Manager

Press Release : 2011-2012/436


Filed under: Finance

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