Financial Markets

As announced in the Statement of Developmental and Regulatory Policies on March 27, 2020, the Reserve Bank will conduct TLTROs of up to three years tenor of appropriate sizes for a total amount of up to ₹ 1,00,000 crores. So far, TLTROs for ₹ 50,000 crores have been conducted in two tranches. It has now been decided to conduct another TLTRO operation for ₹ 25,000 crores. The details of the operation are as under: Sl. No. Date of operation Notified Amount (₹ crore) Ten

The unprecedented situation created by the COVID-19 outbreak has necessitated lockdowns, social distancing, restrictions on movement of people and non-essential activities, work from home arrangements and business continuity plans. The resultant dislocations have adversely impacted the functioning of financial markets. Staff and IT resources have been severely affected, posing operational and logistic risks. The thinning out of activity is impacting market liquidity a

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment 0.00 - - I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - - RBI OPERATIONS@ Auction Date Tenor (Days) Maturity D

Today, the Reserve Bank conducted the second Targeted Long Term Repo Operation (TLTRO) for a notified amount of ₹ 25,000 crores with a 3-year tenor in pursuance of the TLTROs announced vide press release dated March 30, 2020. 2. The total bids that were received amounted to ₹ 99,760 crores, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 3.99. 3. Allotment was done for all bids on a pro-rata basis as given below: Te

1. Extension of realisation period of export proceeds Presently value of the goods or software exports made by the exporters is required to be realized fully and repatriated to the country within a period of 9 months from the date of exports. In view of the disruption caused by the COVID-19 pandemic, the time period for realization and repatriation of export proceeds for exports made up to or on July 31, 2020, has been extended to 15 months from the date of export. Th

Tenor 3-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) Nil Amount allotted (in ₹ crore) Nil Cut off Rate (%) NA Weighted Average Rate (%) NA Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Director Press Release : 2019-2020/2151

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,74,112.98 0.73 0.01-5.00 I. Call Money 9,594.53 4.23 2.40-5.00 II. Triparty Repo 2,00,623.00 0.48 0.01-3.00 III. Market Repo 63,895.45 1.00 0.01-2.00 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 2,558.65 5.42 3.00-5.80 II. Term Money@@ 786.30 4.70-7.50 III. Triparty Repo 1,000.00 3.89 3.50-4.02 IV. Market Repo 0.

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,86,245.07 1.09 0.01-5.50 I. Call Money 13,751.18 4.68 2.40-5.50 II. Triparty Repo 2,10,651.70 0.85 0.02-4.00 III. Market Repo 61,842.19 1.11 0.01-3.00 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 1,287.80 5.37 3.10-5.50 II. Term Money@@ 1,270.00 4.95-7.50 III. Triparty Repo 758.00 4.29 4.00-5.24 IV. Market Repo 0

In view of the rapidly evolving financial conditions and taking into account the impact of disruptions caused by COVID-19, it has been decided as an interim measure to extend the window timings of Fixed Rate Reverse Repo and MSF operations to provide eligible market participants with greater flexibility in their liquidity management. The new window timings would be as under: Type of operation New Window Timing Old Window Timing Fixed-rate Reverse Repo 09:00 hrs to 23:

As announced in the Statement of Developmental and Regulatory Policies on March 27, 2020, the Reserve Bank will conduct TLTROs of up to three years tenor of appropriate sizes for a total amount of up to ₹ 1,00,000 crore. The first tranche of TLTRO for ₹ 25,000 crores was conducted on March 27, 2020. It has now been decided to conduct another TLTRO for ₹ 25,000 crore. The details of the operation are as under: Sl. No. Date Notified Amount (₹ crore) Tenor Window Timing