Financial Markets

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 28, 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 2,80,000 14 2:30 pm to 3:00 pm March 13, 2020 (Friday) 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 t

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,67,045.82 4.92 3.70-5.25 I. Call Money 13,738.84 4.94 3.70-5.25 II. Triparty Repo 1,82,835.25 4.91 4.00-5.01 III. Market Repo 70,471.73 4.96 4.00-5.10 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 138.80 4.95 4.10-5.15 II. Term Money@@ 201.25 - 4.85-6.50 III. Triparty Repo 60.00 5.01 5.01-5.01 IV. Market Repo 90.0

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,75,711.38 4.99 0.01-5.45 I. Call Money 21,430.72 5.04 3.70-5.25 II. Triparty Repo 1,80,015.15 4.98 4.50-5.05 III. Market Repo 74,165.51 4.98 0.01-5.45 IV. Repo in Corporate Bond 100.00 5.30 5.30-5.30 B. Term Segment I. Notice Money** 898.85 4.89 4.20-5.15 II. Term Money@@ 704.80 - 4.95-5.76 III. Triparty Repo 2,150.00 5.05 5.03-5.05 IV

As announced in the Statement on Developmental and Regulatory Policies on February 06, 2020, the Reserve Bank conducted two LTROs for 3-year and 1-year tenor for ₹25,000 crores each on February 17 and 24, respectively. 2. In continuation, it has been decided to conduct the following LTROs: Sl. No. Date Notified Amount (₹ crores) Tenor Window Timing Date of Reversal 1 March 02, 2020 (Monday) 25,000 3-year 11:00 am to 11:30 am March 01, 2023 (Wednesday) 2 March 09, 2020

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 2,72,462.29 5.00 3.70-5.25 I. Call Money 19,907.94 5.04 3.70-5.25 II. Triparty Repo 1,81,381.00 5.01 4.89-5.13 III. Market Repo 71,073.35 4.96 4.05-5.25 IV. Repo in Corporate Bond 100.00 5.20 5.20-5.20 B. Term Segment I. Notice Money** 967.70 5.16 4.20-5.25 II. Term Money@@ 718.05 - 5.15-5.85 III. Triparty Repo 0.00 - - IV. Market Repo 3

Today, the Reserve Bank conducted the second long term repo operation (LTRO) for a notified amount of ₹ 25,000 crore with a 1-year tenor in pursuance of the LTROs announced vide press release dated February 7, 2020. 2. The total bids that were received amounted to ₹ 1,23,154 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 4.9. 3. Allotment was done for all bids on a pro-rata basis as given below: Tenor 1-year

(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 Amount Current Rate / Cut

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 255,562.15 4.89 2.00-5.25 I. Call Money 19,383.76 4.95 3.70-5.25 II. Triparty Repo 163,563.80 4.89 4.80-5.05 III. Market Repo 72,614.59 4.88 2.00-5.05 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 126.50 4.74 4.30-5.20 II. Term Money@@ 552.50 - 5.00-5.85 III. Triparty Repo 320.00 4.96 4.95-5.00 IV. Market Repo 0.00

(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

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 251,624.29 4.88 1.00-5.25 I. Call Money 15,017.92 4.93 3.70-5.25 II. Triparty Repo 158,892.65 4.85 4.65-4.94 III. Market Repo 77,713.72 4.92 1.00-5.10 IV. Repo in Corporate Bond 0.00 - B. Term Segment I. Notice Money** 996.35 4.91 4.30-5.25 II. Term Money@@ 213.65 - 5.05-5.85 III. Triparty Repo 2,140.00 5.02 4.95-5.10 IV. Market Repo 0.0