Financial Markets

(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 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 Date Amoun

1. As announced at the Governor’s press conference today, it has been decided to conduct TLTROs of up to three years of appropriate sizes for a total amount of ₹ 1,00,000 crores. Accordingly, it has been decided to conduct the first tranche for ₹ 25,000 crores today. The details of the operation are as under: Sl. No. Date Notified Amount (₹ crores) Tenor Window Timing Date of Reversal 1 March 27, 2020 25,000 3-year 2.00 PM - 3.00 PM March 24, 2023 2. The funds availed

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,90,346.68 1.22 0.01-5.75 I. Call Money 15,500.97 5.35 3.00-5.75 II. Triparty Repo 2,18,117.25 0.91 0.35-4.95 III. Market Repo 56,728.46 1.27 0.01-4.25 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 1,299.90 5.27 4.00-5.65 II. Term Money@@ 659.42 - 5.20-6.25 III. Triparty Repo 7,023.00 5.11 5.00-5.50 IV. Market Repo

Tenor 13-day Notified Amount (in ₹ crore) 3,50,000 Total amount of offers received (in ₹ crore) 1,18,029 Amount accepted (in ₹ crore) 1,18,029 Cut off Rate (%) 4.39 Weighted Average Rate (%) 4.37 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Director Press Release : 2019-2020/2134

Today, the Reserve Bank conducted a 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 2131/2019-2020 dated March 27, 2020. 2. The total bids that were received amounted to ₹60,500 crores, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 2.4. 3. Allotment was done for all bids on a pro-rata basis as given below:

The Reserve Bank had, vide its press release 2110/2019-2020, advanced the variable rate term repo auction of ₹ 25,000 crores from March 30, 2020 to March 26, 2020. In a partial modification to the above press release, it has been decided to enhance the amount of the auction scheduled for March 26, 2020, i.e., today to ₹ 50,000 crores from ₹ 25,000 crores. All other details regarding the auction would remain the same. There is no change in the auction scheduled for Mar

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,73,680.12 1.69 0.01-5.60 I. Call Money 11,938.08 5.10 0.50-5.60 II. Triparty Repo 2,08,743.50 1.10 0.01-5.00 III. Market Repo 52,998.54 3.21 0.01-5.00 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 880.95 5.15 4.10-6.20 II. Term Money@@ 609.90 - 4.70-6.25 III. Triparty Repo 2,197.00 5.00 4.90-5.05 IV. Market Repo 3

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on March 27, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020 Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 3,50,000 13 2:30 pm to 3:00 pm April 9, 2020 (Thursday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the

I. SUMMARY RESULTS Aggregate Amount (Face value) notified by RBI : ₹ 15,000 crore Total amount offered (Face value) by participants : ₹ 39,529 crore Total amount accepted (Face value) by RBI : ₹ 15,000 crore II. DETAILS OF EACH ISSUE Security 8.08% GS 2022 7.68% GS 2023 7.27% GS 2026 7.17% GS 2028 No. of offers received 53 60 42 105 Total amount (face value) offered (in ₹ crore) 7,920 9,448 6,181 15,980 No. of offers accepted 14 39 7 9 Total amount (face value) accept

Tenor 12-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 11,772 Amount allotted (in ₹ crore) 11,772 Cut off Rate (%) 5.16 Weighted Average Rate (%) 5.21 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Director Press Release : 2019-2020/2121