Business News – Newsletter for March 19, 2011
Saturday, March 19, 2011
364-day Treasury Bills auction: Rs.3,000 crore under regular auction
The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of Rs.3,000 crore. The auction will be conducted on March 23, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion … Read more : 364-day Treasury Bills auction: Rs.3,000 crore under regular auction.
91-day Treasury Bills auction: Rs.5,000 crore under regular auction
The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of Rs.5,000 crore. The auction will be conducted on March 23, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion … Original source on Gaea Times at : 91-day Treasury Bills auction: Rs.5,000 crore under regular auction.
Second Liquidity Adjustment Facility : Auction Results
The results of the RBI Repo/Reverse Repo auctions held on March 18, 2011 are:
Amount (face value in ` crore)
Item
3 days Reverse Repo Auction (Sale of securities by RBI)
3 days Repo Auction
…. Source : Second Liquidity Adjustment Facility : Auction Results.
Three State Governments announce Auction of State Development Loans 2021 for ` 218.650 crore on March 22, 2011
The following three State Governments have announced the sale of their 10-year State Development Loans (SDLs) for an aggregate amount of `218.650 crore through yield based auction using multiple price auction method.
Sr. No.
State
Notified Amount (`Crore)
1
Manipur
77.000
2
Mizoram
76.650
3
Tripura
65.000
Total
218.650
The auction will be conducted by the Reserve Bank of India (RBI) at Mumbai on March … Original source on Gaea Times at : Three State Governments announce Auction of State Development Loans 2021 for ` 218.650 crore on March 22, 2011.
Reserve Bank of India ??? Bulletin Weekly Statistical Supplement ??? Extract
1. Reserve Bank of India – Liabilities and Assets
(` crore)
Item
2010
2011
Variation
Mar. 12
Mar. 4
Mar. 11#
Week
Year
1
2
3
4
5
6
Loans and advances
Central Government
—
—
—
—
—
State Governments
1,041
2,033
1,750
–282
709
2. Foreign Exchange Reserves
Variation over
Item
As on Mar. 11, 2011
Week
End-March 2010
End-December 2010
Year
`
Crore
US$
…. Source article on Gaea Times at : Reserve Bank of India ??? Bulletin Weekly Statistical Supplement ??? Extract.
Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 28, 2011 to March 4, 2011.
All Figures are in USD Millions
Position
Date
MERCHANT
INTER BANK
FCY / INR
FCY / FCY
FCY / INR
FCY …. Source article on Gaea Times at : Foreign Exchange Turnover Data.