Table
19: Transactions on the Interbank Money Market |
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Period |
Amount Transacted |
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Daily |
Range of |
Interbank |
Bank |
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Average1 |
Interbank |
W.A.I |
Rate3 |
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Lowest |
Highest |
Total |
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Rates
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Rate2 |
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(Rs million) |
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(Per cent) |
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July
2000 |
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1-6 July |
320 |
830 |
3,370 |
562 |
6.50-7.75 |
7.47 |
10.65 |
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7-13 July |
155 |
310 |
1,625 |
232 |
7.00-7.75 |
7.59 |
9.63 |
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14-20 July |
85 |
335 |
1,480 |
211 |
6.00-7.50 |
7.05 |
10.19 |
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21-27 July |
10 |
40 |
108 |
27 |
6.75-8.00 |
7.31 |
9.67 |
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28-31 July |
20 |
70 |
230 |
58 |
7.00-10.00 |
8.91 |
10.52 |
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Dec-98 |
21 |
450 |
3,384 |
117 |
8.50 - 12.19 |
9.82 |
12.49 |
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Jan-99 |
35 |
385 |
3,137 |
116 |
8.00 - 18.00 |
11.09 |
12.76 |
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Feb-99 |
35 |
445 |
5,137 |
190 |
9.00 - 13.00 |
10.28 |
12.71 |
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Mar-99 |
15 |
235 |
2,499 |
104 |
9.00 - 9.75 |
9.51 |
12.66 |
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Apr-99 |
30 |
250 |
2,671 |
89 |
9.25 - 11.50 |
10.07 |
12.62 |
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May-99 |
10 |
235 |
2,033 |
70 |
9.00 - 10.50 |
9.85 |
12.62 |
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Jun-99 |
10 |
230 |
2,385 |
80 |
9.00 - 10.75 |
9.96 |
12.61 |
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Jul-99 |
15 |
272 |
2,881 |
120 |
9.00 - 10.50 |
9.90 |
12.69 |
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Aug-99 |
35 |
520 |
4,810 |
172 |
8.00 - 15.00 |
11.31 |
12.74 |
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Sep-99 |
10 |
120 |
1,223 |
53 |
9.00 - 10.00 |
9.56 |
12.72 |
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Oct-99 |
15 |
185 |
2,067 |
86 |
9.00 - 9.50 |
9.46 |
12.69 |
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Nov-99 |
5 |
130 |
680 |
36 |
9.00 - 9.50 |
9.47 |
12.60 |
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Dec-99 |
85 |
500 |
6,285 |
273 |
9.00- 12.00 |
9.67 |
12.36 |
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Jan-00 |
10 |
450 |
4,070 |
170 |
8.00 - 9.50 |
8.81 |
12.06 |
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Feb-00 |
20 |
271 |
2,556 |
91 |
8.00-10.25 |
8.63 |
11.95 |
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Mar-00 |
10 |
255 |
3,163 |
102 |
7.00-11.00 |
9.12 |
11.71 |
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Apr-00 |
10 |
225 |
1,887 |
79 |
6.50 - 8.50 |
7.20 |
11.23 |
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May-00 |
10 |
440 |
6,767 |
218 |
7.00-10.25 |
7.87 |
10.54 |
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Jun-00 |
20 |
600 |
3,421 |
118 |
5.00-9.25 |
7.27 |
10.04 |
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Jul-00 |
10 |
830 |
6,813 |
243 |
6.00-10.00 |
7.46 |
10.08 |
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1 For transactions days only. |
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2 Interbank
Weighted Average Interest Rate. |
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3 Simple Average for the month, actual for the week. |
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