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RBI to conduct 2 day, 7 day, 14 day and 29 day Variable rate Reverse Repo auctions under LAF on April 3, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on April 3, 2017, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 500 29 10.00 am to 10.30 am May 02, 2017 (Tuesday)
2 500 14 12.00 pm to 12.30 pm April 17, 2017 (Monday)
3 800 7 12.00 pm to 12.30 pm April 10, 2017 (Monday)
4 800 2 2.00 pm to 2.30 pm April 05, 2017 (Wednesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release: 2016-2017/2645

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