FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release

(106 kb)

Date : May 25, 2018

Money Market Operations as on May 24, 2018


(Amount in ₹ billion, Rate in Per cent)

MONEY MARKETS ^@
	Volume	Wtd.Avg.Rate	Range
	(One Leg)
A. Overnight Segment (I+II+III+IV)	1,827.71	5.95	4.85-6.25
I. Call Money	189.24	5.92	4.85-6.25
II. CBLO	1,170.52	5.95	5.30-6.02
III. Market Repo	467.95	5.96	5.00-6.13
IV. Repo in Corporate Bond	0.00
B. Term Segment
I. Notice Money**	2.92	6.09	4.95-6.30
II. Term Money^@@	3.95	-	6.10-6.80
III. CBLO	0.08	5.40	5.40-5.40
IV. Market Repo	5.19	6.14	6.00-6.35
V. Repo in Corporate Bond	5.65	7.97	7.90-7.98

RBI OPERATIONS^@
	Auction Date	Tenor (Days)	Maturity Date	Amount Outstanding	Current Rate / Cut off Rate
C. Liquidity Adjustment Facility
(i) Repo (Fixed Rate)	24/05/2018	1	25/05/2018	49.43	6.00
(ii) Repo (Variable rate)	11/05/2018	14	25/05/2018	101.12	6.01
	15/05/2018	14	29/05/2018	181.17	6.01
	18/05/2018	14	01/06/2018	120.50	6.01
	22/05/2018	14	05/06/2018	195.05	6.01
(iii) Reverse Repo (Fixed rate)	24/05/2018	1	25/05/2018	164.47	5.75
(iv) Reverse Repo (Variable rate)	18/05/2018	7	25/05/2018	69.75	5.99
	24/05/2018	7	31/05/2018	224.60	5.99
D. Marginal Standing Facility	24/05/2018	1	25/05/2018	22.00	6.25
E. Standing Liquidity Facility Availed from RBI ^$				23.25
RESERVE POSITION ^@
F. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on ^#		22/05/2018		4,721.56
(ii) Average daily cash reserve requirement for the fortnight ending		25/05/2018		4,695.77
G. Government of India Surplus Cash Balance Reckoned for Auction as on ^¥		24/05/2018		261.12
^@ Based on RBI / CCIL/ FIMMDA Data
- Not Applicable / No Transaction
** Relates to uncollateralized transactions of 2 to 14 days tenor.
^@@ Relates to uncollateralized transactions of 15 days to one year tenor
# The figure for the cash balances with RBI on Sunday is same as that of the previous day (Saturday).
^$ Includes refinance facilities extended by RBI
^¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015
Ajit Prasad Assistant Adviser
Press Release : 2017-2018/3086

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