Financial Markets

The Reserve Bank had announced Long Term Repo Operations (LTROs) for one-year and three-year tenors and operational guidelines for the same, vide Press release dated February 07, 2020. In this regard, the following clarifications are being issued: Sl. No. Query Clarification 1. What is the maximum amount that a single market participant can bid in LTROs? A market participant can place bids of amount less than or equal to the notified amount. RBI may reject all the bid

Tenor Overnight Notified Amount (in ₹ crore) 1,40,000 Total amount of offers received (in ₹ crore) 1,79,646 Amount accepted (in ₹ crore) 1,40,016 Cut off Rate (%) 4.96 Weighted Average Rate (%) 4.95 Partial Acceptance Percentage of offers received at cut off rate 98.68 Ajit Prasad Director Press Release : 2019-2020/1943

The result of the RBI Fixed Rate Repo Operations held on February 13, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Repo Operations 5.15% Fixed Rate 1. Bids received (i) Number 5 (ii) Amount 1,895 2. Bids Accepted (i) Number 5 (ii) Amount 1,895 Ajit Prasad Director Press Release: 2019-2020/1942

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 244,563.43 4.93 0.01-5.50 I. Call Money 13,711.30 5.00 3.70-5.25 II. Triparty Repo 156,304.40 4.91 4.75-4.95 III. Market Repo 73,962.73 4.95 0.01-5.05 IV. Repo in Corporate Bond 585.00 5.50 5.50-5.50 B. Term Segment I. Notice Money** 292.65 4.99 4.30-5.25 II. Term Money@@ 365.10 - 5.00-5.80 III. Triparty Repo 0.00 - - IV. Market Repo 0.0

The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 11, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 79 (ii) Amount 29,251 2. Bids accepted (i) Number 79 (ii) Amount 29,251 Ajit Prasad Director Press Release: 2019-2020/1931

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 13, 2020, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,40,000 1 4:00 pm to 4:30 pm February 14, 2020 (Friday) Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected. Ajit Prasad D

Tenor Overnight Notified Amount (in ₹ crore) 1,20,000 Total amount of offers received (in ₹ crore) 1,67,957 Amount accepted (in ₹ crore) 1,20,016 Cut off Rate (%) 4.98 Weighted Average Rate (%) 4.96 Partial Acceptance Percentage of offers received at cut off rate 56.13 Ajit Prasad Director Press Release : 2019-2020/1936

The result of the RBI Fixed Rate Repo Operations held on February 12, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Repo Operations 5.15% Fixed Rate 1. Bids received (i) Number 5 (ii) Amount 2,135 2. Bids Accepted (i) Number 5 (ii) Amount 2,135 Ajit Prasad Director Press Release: 2019-2020/1935

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 242,134.75 4.93 3.70-5.50 I. Call Money 14,314.29 5.02 3.70-5.30 II. Triparty Repo 151,812.00 4.91 4.78-5.03 III. Market Repo 75,423.46 4.96 4.40-5.10 IV. Repo in Corporate Bond 585.00 5.50 5.50-5.50 B. Term Segment I. Notice Money** 1,138.20 4.92 4.30-5.30 II. Term Money@@ 483.65 - 5.15-6.25 III. Triparty Repo 140.00 4.89 4.89-4.89 IV.

The result of the RBI Fixed Rate Reverse Repo Operations held between 5:30 pm and 7:30 pm on February 10, 2020 is as under: Amount (Face Value in ₹ Crore) Items Overnight Reverse Repo Operation 4.90% Fixed Rate 1. Bids received (i) Number 69 (ii) Amount 49,140 2. Bids accepted (i) Number 69 (ii) Amount 49,140 Ajit Prasad Director Press Release: 2019-2020/1922