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India’s Liquidity Adjustment by RBI on Nov. 3

Following is a table showing India’s liquidity adjustment on Nov. 3 by the Reserve Bank of India.

================================================================================
                                 Nov. 3    Nov. 2    Nov. 1   Oct. 31   Oct. 28
                                   2011      2011      2011      2011      2011
================================================================================
                              -------------- Amount in Rs. billion -------------
Net Injection of Liquidity*      345.55    417.05    494.95    523.85    584.45

For number of days                    1         1         1         1         3
Repo Auction @ 8.50%          -------------- Amount in Rs. billion -------------
  Bids received             
       Number                         9        14        18        18        21
       Amount                    345.55    417.05    512.65    523.85    593.45
  Bids accepted             
       Number                         9        14        18        18        21
       Amount                    345.55    417.05    512.65    523.85    593.45
================================================================================

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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