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Saturday, March 7, 2009

RBI offers 600 bn rupees at special repo

The Reserve Bank of India said it would conduct a special repo auction for 600 bn rupees on Friday. The reversal of the auction will be on March 20, it said in a statement.

The special repo facility was introduced on Oct. 14, offering 200 bn rupees to meet liquidity needs of mutual funds.

The central bank later increased the facility to 600 bn rupees to include liquidity needs of non-banking financial companies and housing finance companies and has said it would be held every day till Sept. 30.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Saturday, Jun 14
01:00 CFTC S&P 500 NC Net Positions 1 $-69.4K
01:00 CFTC Oil NC Net Positions 1 168K
01:00 CFTC Gold NC Net Positions 1 $187.9K
01:00 CFTC GBP NC Net Positions 1 £35.2K
01:00 CFTC AUD NC Net Positions 1 $-63.2K
Monday, Jun 16
04:00 Business NZ PSI 2 48.5
04:31 Rightmove House Price Index (YoY) 1 1.2%
04:31 Rightmove House Price Index (MoM) 1 0.6%
12:00 Producer and Import Prices (YoY) 1 -0.5%
12:00 Producer and Import Prices (MoM) 1 0.1%
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