a) Consider the data for columns A to H in the tabdata for the month of August 2019. Draw a very detailed market for reserves that is compatible with the data for August 2019.

1 A3 MONETARY POLICY OPERATIONS - OPEN MARKET OPERATIONS REPO TRANSACTION DETAILS Title OMO Terms OMO Amounts OMO Average Rates OMO Cut-off Rates Additional OMO Additional OMO Additional OMO Average Additional OMO Cut- Terms Amounts W N Rates off Rates Description Term Value dealt Weighted average rate Cut-off rate Term Value dealt Weighted average rate Cut-off rate 4 Frequency Daily Daily Daily Daily Daily Daily Daily Daily 5 Type Original Original Original Original Original Original Original Original 6 Units Days $m Per cent Per cent Days $m Per cent Per cent Source RBA RBA RBA RBA RBA RBA RBA RBA 10 Publication date 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 11 Series ID AFROMOTD AFROMOVD AFROMOWAR AFROMOCOR AAROMOTD AAROMOVD AAROMOWAR AAROMOCOR 2897 16-Aug-2019 61 990 1.128 1.10 2898 19-Aug-2019 16 500 1.172 1.17 2899 19-Aug-2019 28 1120 1.167 1.16 2900 19-Aug-2019 51 920 1.137 1.12 2901 20-Aug-2019 17 580 1.139 1.13 2902 20-Aug-2019 44 1262 1.167 1.15 903 21-Aug-2019 15 975 1.151 1.13 100 1.000 1.00 904 21-Aug-2019 54 550 1.172 1.17 410 0.800 0.80 2905 22-Aug-2019 18 940 1.174 1.17 200 0.800 0.80 2906 23-Aug-2019 13 640 1.174 1.17 2907 23-Aug-2019 42 1350 1.187 1.18 2908 26-Aug-2019 16 1000 1.141 1.13 2909 26-Aug-2019 38 990 1.183 1.16 2910 26-Aug-2019 70 1012 1.137 1.12 2911 27-Aug-2019 14 1000 1.136 1.12 2912 27-Aug-2019 34 1165 1.138 1.11 2913 27-Aug-2019 44 1380 1.186 1.18 2914 28-Aug-2019 14 1020 1.152 1.14 2915 29-Aug-2019 15 1157 1.153 1.14 2916 29-Aug-2019 26 715 1.135 1.12 2917 30-Aug-2019 13 630 1.125 1.12 2918 30-Aug-2019 24 765 1.131 1.12 919 30-Aug-2019 49 1132 1.171 1.151 A3 MONETARY POLICY OPERATIONS - OPEN MARKET OPERATIONS REPO TRANSACTION DETAILS Title OMO Terms OMO Amounts OMO Average Rates OMO Cut-off Rates Additional OMO Additional OMO Additional OMO Average Additional OMO Cut- Terms Amounts Rates off Rates Description Term Value dealt Weighted average rate Cut-off rate Term Value dealt Weighted average rate Cut-off rate Frequency Daily Daily Daily Daily Daily Daily Daily Daily YOUAWN Type Original Original Original Original Original Original Original Original Units Days $m Per cent Per cent Days $m Per cent Per cent 9 Source RBA RBA RBA RBA RBA RBA RBA RBA 10 Publication date 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 28-Oct-2020 11 Series ID AFROMOTD AFROMOVD AFROMOWAR AFROMOCOR AROMO AAROMOVD AAROMOWAR AAROMOCOR 3254 01-May-2020 67 515 0. 180 0. 18 3255 04-May-2020 28 90 0. 180 0. 18 3256 04-May-2020 92 1740 0.180 0.18 3257 05-May-2020 35 200 0. 180 0.18 3258 05-May-2020 76 1362 0. 180 0.18 3259 06-May-2020 106 1161 0.180 0.18 3260 07-May-2020 84 490 0. 180 0.18 3261 08-May-2020 185 1450 0. 180 0. 18 3262 11-May-2020 58 570 0. 180 0.18 3263 11-May-2020 94 215 0.180 0.18 3264 12-May-2020 118 230 0. 180 0. 18 3265 13-May-2020 82 265 0. 188 0.18 3266 14-May-2020 62 163 0.180 0.18 3267 14-May-2020 103 770 0.180 0.18 3268 15-May-2020 73 475 0.183 0.18 3269 18-May-2020 129 199 0.180 0.18 3270 19-May-2020 101 400 0.180 0.18 3271 20-May-2020 14 200 0. 180 0.18 3272 20-May-2020 89 691 0.181 0.18 3273 21-May-2020 76 204 0. 180 0.18 3274 21-May-2020 186 2280 0. 180 0.18 3275 22-May-2020 41 75 0.180 0. 18 3276 22-May-2020 110 1765 0. 180 0.18 3277 25-May-2020 98 625 0. 180 0.18 3278 26-May-2020 36 125 0.184 0.18 3279 26-May-2020 76 1150 0. 180 0. 18 3280 27-May-2020 50 26 0.180 0.18 3281 27-May-2020 126 890 0.180 0.18 3282 28-May-2020 61 500 0. 180 0.18 3283 28-May-2020 103 150 0. 180 0.18 3284 29-May-2020 46 120 0.180 0.18 3285 29-May-2020 110 1660 0. 180 0.18