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RBI to conduct 7-day and 14-day Variable Rate Reverse Repo auctions under LAF on June 06, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on June 06, 2018, Wednesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1. 500 7 1.30 pm to 2:00 pm June 13, 2018 (Wednesday)
2. 350 14 12.00 pm to 12:30 pm June 20, 2018 (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: 2017-2018/3183

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