MIL-OSI Economics: Money Market Operations as on February 05, 2024

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Source: Reserve Bank of India


(Amount in ₹ crore, Rate in Per cent)

  Volume
(One Leg)
Weighted
Average Rate
Range
A. Overnight Segment (I+II+III+IV) 516,440.39 6.32 1.00-7.50
     I. Call Money 11,047.78 6.47 5.00-6.55
     II. Triparty Repo 324,932.75 6.28 6.05-6.38
     III. Market Repo 179,889.86 6.40 1.00-6.75
     IV. Repo in Corporate Bond 570.00 6.80 6.70-7.50
B. Term Segment      
     I. Notice Money** 213.60 6.37 5.90-6.51
     II. Term Money@@ 162.00 6.70-7.00
     III. Triparty Repo 10.00 6.35 6.35-6.35
     IV. Market Repo 0.00
     V. Repo in Corporate Bond 0.00
  Auction Date Tenor (Days) Maturity Date Amount Current Rate /
Cut off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I. Today’s Operations
1. Fixed Rate          
2. Variable Rate&          
  (I) Main Operation          
     (a) Repo          
     (b) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo Mon, 05/02/2024 4 Fri, 09/02/2024 18,750.00 6.49
3. MSF# Mon, 05/02/2024 1 Tue, 06/02/2024 2,670.00 6.75
4. SDFΔ# Mon, 05/02/2024 1 Tue, 06/02/2024 125,063.00 6.25
5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -141,143.00  
II. Outstanding Operations
1. Fixed Rate          
2. Variable Rate&          
  (I) Main Operation          
     (a) Repo Thu, 25/01/2024 15 Fri, 09/02/2024 250,010.00 6.72
     (b) Reverse Repo          
  (II) Fine Tuning Operations          
     (a) Repo          
     (b) Reverse Repo Fri, 02/02/2024 4 Tue, 06/02/2024 3,975.00 6.49
3. MSF#          
4. SDFΔ#          
5. On Tap Targeted Long Term Repo Operations Mon, 22/03/2021 1095 Thu, 21/03/2024 5,000.00 4.00
Mon, 14/06/2021 1096 Fri, 14/06/2024 320.00 4.00
Mon, 30/08/2021 1095 Thu, 29/08/2024 50.00 4.00
Mon, 13/09/2021 1095 Thu, 12/09/2024 200.00 4.00
Mon, 27/09/2021 1095 Thu, 26/09/2024 600.00 4.00
Mon, 04/10/2021 1095 Thu, 03/10/2024 350.00 4.00
Mon, 15/11/2021 1095 Thu, 14/11/2024 250.00 4.00
Mon, 27/12/2021 1095 Thu, 26/12/2024 2,275.00 4.00
6. Special Long-Term Repo Operations (SLTRO) for Small Finance Banks (SFBs)£ Mon, 17/05/2021 1095 Thu, 16/05/2024 400.00 4.00
Tue, 15/06/2021 1095 Fri, 14/06/2024 490.00 4.00
Thu, 15/07/2021 1093 Fri, 12/07/2024 750.00 4.00
Tue, 17/08/2021 1095 Fri, 16/08/2024 250.00 4.00
Wed, 15/09/2021 1094 Fri, 13/09/2024 150.00 4.00
Mon, 15/11/2021 1095 Thu, 14/11/2024 105.00 4.00
Mon, 22/11/2021 1095 Thu, 21/11/2024 100.00 4.00
Mon, 29/11/2021 1095 Thu, 28/11/2024 305.00 4.00
Mon, 13/12/2021 1095 Thu, 12/12/2024 150.00 4.00
Mon, 20/12/2021 1095 Thu, 19/12/2024 100.00 4.00
Mon, 27/12/2021 1095 Thu, 26/12/2024 255.00 4.00
D. Standing Liquidity Facility (SLF) Availed from RBI$       4,960.09  
E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     263,095.09  
F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     121,952.09  
G. Cash Reserves Position of Scheduled Commercial Banks
     (i) Cash balances with RBI as on February 05, 2024 895,436.41  
     (ii) Average daily cash reserve requirement for the fortnight ending February 09, 2024 927,812.00  
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ February 05, 2024 0.00  
I. Net durable liquidity [surplus (+)/deficit (-)] as on January 12, 2024 176,861.00  
@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
– 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.
$ Includes refinance facilities extended by RBI.
& As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
* Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
As per the Press Release No. 2020-2021/520 dated October 21, 2020, Press Release No. 2020-2021/763 dated December 11, 2020, Press Release No. 2020-2021/1057 dated February 05, 2021 and Press Release No. 2021-2022/695 dated August 13, 2021.
¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
£ As per the Press Release No. 2021-2022/181 dated May 07, 2021 and Press Release No. 2021-2022/1023 dated October 11, 2021.
# As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
Ajit Prasad           
Director (Communications)
Press Release: 2023-2024/1806

MIL OSI Economics