Table 18 : Transactions on the Interbank Money Market

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period

Amount Transacted

Daily

Range of

Interbank

Bank

 

 

 

 

 

Average

Interbank

W.A.I

Rate

 

 

Lowest

Highest

Total

@

Rates

Rate*

**

 

 

(Rs million)

(Per cent)

 

June 1999

 

 

 

 

 

 

 

 

01 - 03

60

175

370

123

9.00 - 10.00

9.84

12.63

 

04 - 10

35

230

1,120

160

9.50 - 10.75

10.20

12.65

 

11 - 17

38

95

483

69

9.25 - 10.00

9.82

12.58

 

18 - 24

20

30

190

27

9.50

9.50

12.55

 

25 - 30

10

80

222

37

9.25 - 10.50

9.69

12.66

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Apr-98

25

318

2,518

114

7.75 - 12.00

9.30

9.05

 

May-98

10

177

2,143

79

7.00 - 9.00

8.08

9.08

 

Jun-98

5

480

1,608

95

7.50 - 10.50

8.35

9.13

 

Jul-98

20

325

5,130

166

7.50 -12.00

9.06

9.22

 

Aug-98

5

375

4,449

178

7.50 -10.00

9.00

9.63

 

Sep-98

8

158

725

30

8.00 - 10.25

8.91

10.12

 

Oct-98

15

495

4,220

136

8.00 - 18.00

10.37

10.30

 

Nov-98

7

290

3,362

112

8.00 - 11.00

10.14

11.43

 

Dec-98

21

450

3,384

117

8.50 - 12.19

9.82

12.49

 

Jan-99

35

385

3,137

116

8.00 - 18.00

11.09

12.76

 

Feb-99

35

445

5,137

190

9.00 - 13.00

10.28

12.71

 

Mar-99

15

235

2,499

104

9.00 - 9.75

9.51

12.66

 

Apr-99

30

250

2,671

89

9.25 - 11.50

10.07

12.62

 

May-99

10

235

2,033

70

9.00 - 10.50

9.85

12.62

 

Jun-99

10

230

2,385

80

9.00 - 10.75

9.96

12.61

 

 

 

 

 

 

 

 

 

 

* : Interbank Weighted Average Interest Rate.

 

 

 

 

 

@ : For transactions days only.

 

 

** : Simple Average for the month, actual for the week.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Last Updated on 7/14/99
By bom