Reserve Bank of India : Money Market Operations as on September 23, 2020

�ेस�काशनी PRESS RELEASE

		भारतीय �रज़व�ब�क
संचारिवभाग, क� �ीयकायार्लय, एस.बी.एस.मागर्, मुंबई-400001		RESERVE BANK OF INDIA
	वेबसाइट: www.rbi.org.in/hindi
_____________________________________________________________________________________________________________________		Website : www.rbi.org.in
Department of Communication, Central Office, S.B.S.Marg, Mumbai-400001
फोन/Phone: [phone]	ई-मेल/email:[e-mail]

September 24, 2020

Money Market Operations as on September 23, 2020

(Amount in Rupees Crore, Rate in Per cent)

	MONEY MARKETS@		Volume		Weighted		Range
						(One Leg)		Average Rate
	A.		Overnight Segment (I+II+III+IV)			288,727.92			3.23		1.52-5.30
			I. Call Money			12,616.25			3.42		1.80-4.00
			II. Triparty Repo			180,401.80			3.23		3.00-3.38
			III. Market Repo			94,754.87			3.20		1.52-3.40
			IV. Repo in Corporate Bond			955.00			3.62		3.45-5.30
	B.		Term Segment
			I. Notice Money**			111.05			3.18		2.45-3.50
			II. Term Money@@			231.40			-		3.15-3.65
			III. Triparty Repo			600.00			3.42		3.40-3.50
			IV. Market Repo			0.00			-		-
			V. Repo in Corporate Bond			0.00			-		-
	RBI OPERATIONS@	Auction Date	Tenor	Maturity	Amount	Current
						(Days)	Date				Rate/Cut
												off Rate
	C.	Liquidity Adjustment Facility (LAF) & Marginal Standing Facility (MSF)
		I		Today's Operations
				1. Fixed Rate
				(i) Repo&&
				(ii) Reverse Repo	Wed, 23/09/2020	1	Thu, 24/09/2020	406,841.00	3.35
				2. Variable Rate&
				(I) Main Operation
				(a) Reverse Repo
				(II) Fine Tuning Operations
				(a) Repo
				(b) Reverse Repo	-	-	-			-		-
				3. MSF	Wed, 23/09/2020	1	Thu, 24/09/2020	0.00	4.25
				4. Long-Term Repo Operations	-		-					-
				5. Targeted Long Term Repo	-	-	-			-		-
				Operations
				6. Targeted Long Term Repo	-	-	-			-		-
				Operations 2.0
				7. Net liquidity injected from today's operations					-406,841.00
				[injection (+)/absorption (-)]*
		II		Outstanding Operations
				1. Fixed Rate
				(i) Repo&&	Fri, 11/09/2020	56	Fri, 06/11/2020	1,000.00	4.00
					Mon, 14/09/2020	56	Mon, 09/11/2020	0.00	-

2

	(ii) Reverse Repo
	2. Variable Rate&
	(I) Main Operation
	(a) Reverse Repo
	(II) Fine Tuning Operations
	(a) Repo
	(b) Reverse Repo
	3. MSF
	4. Long-Term Repo Operations	Mon, 24/02/2020	365	Tue, 23/02/2021	15.00 #	5.15
		Mon, 17/02/2020	1095	Thu, 16/02/2023	499.00 #	5.15
		Mon, 02/03/2020	1094	Wed, 01/03/2023	253.00 #	5.15
		Mon, 09/03/2020	1093	Tue, 07/03/2023	484.00 #	5.15
		Wed, 18/03/2020	1094	Fri, 17/03/2023	294.00 #	5.15
	5. Targeted Long Term Repo	Fri, 27/03/2020	1092	Fri, 24/03/2023	25,009.00	4.40
	Operations	Fri, 03/04/2020	1095	Mon, 03/04/2023	25,016.00	4.40
		Thu, 09/04/2020	1093	Fri, 07/04/2023	25,016.00	4.40
		Fri, 17/04/2020	1091	Thu, 13/04/2023	25,009.00	4.40
	6. Targeted Long Term Repo	Thu, 23/04/2020	1093	Fri, 21/04/2023	12,850.00	4.40
	Operations 2.0
D.	Standing Liquidity Facility (SLF)				36,794.91
	Availed from RBI$
E.	Net liquidity injected from outstanding operations			152,239.91
	[injection (+)/absorption (-)]*
F.	Net liquidity injected (outstanding including today's			-254,601.09
	operations) [injection (+)/absorption (-)]*

RESERVE POSITION@

G.	Cash Reserves Position of Scheduled Commercial Banks
	(i) Cash balances with RBI as on	September 23, 2020	426,582.04
	(ii) Average daily cash reserve requirement for the fortnight ending	September 25, 2020	430,706.00
H.	Government of India Surplus Cash Balance Reckoned for Auction as on ¥	September 23,	2020	0.00
I.	Net durable liquidity [surplus (+)/deficit (-)] as on	August 28,	2020	586,225.00

• 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 thePress Release No.2019-2020/1900dated February 06, 2020. ¥ As per thePress Release No.2014-2015/1971dated March 19, 2015.

* Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo.

&& As per thePress Release No.2020-2021/288dated September 04, 2020.

• As per thePress Release No.2020-2021/287dated September 04, 2020.

Press Release: 2020-2021/376	Ajit Prasad
Director