India’s Liquidity Adjustment by RBI on Nov. 1

Following is a table showing India’s liquidity adjustment on Nov. 1 by the Reserve Bank of India.

================================================================================
                                 Nov. 1   Oct. 31   Oct. 28   Oct. 25   Oct. 24
                                   2011      2011      2011      2011      2011
================================================================================
                              -------------- Amount in Rs. billion -------------
Net Injection of Liquidity*      494.95    523.85    584.45  1,090.55    982.85
For number of days                    1         1         3         3         1
Reverse Repo Auction @ 7.50%
  Bids received             
       Number                         2       Nil         1         1       Nil
       Amount                     17.70       n/a      9.00      1.75       n/a
  Bids accepted             
       Number                         2       n/a         1         1       n/a
       Amount                     17.70       n/a      9.00      1.75       n/a
================================================================================
                                 Nov. 1   Oct. 31   Oct. 28   Oct. 25   Oct. 24
                                   2011      2011      2011      2011      2011
================================================================================
Repo Auction @ 8.50%          -------------- Amount in Rs. billion -------------
  Bids received             
       Number                        18        18        21        36        31
       Amount                    512.65    523.85    593.45  1,092.30    982.85
  Bids accepted             
       Number                        18        18        21        36        31
       Amount                    512.65    523.85    593.45  1,092.30    982.85
================================================================================

Note: 1. RBI facilitates liquidity adjustment by sale (reverse repo auction)

and purchase (repo auction) of securities.

2. * A (-) value indicate absorption of liquidity while a (+) value

means injection of liquidity.

3. Nil: no bids received.

n/a: not applicable

SOURCE: Reserve Bank of India.

To contact the reporter on this story: Manish Modi in New Delhi at mmodi6@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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