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RBI to conduct 7-day and 14-day Variable Rate Reverse Repo auctions under LAF on October 17, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on October 17, 2017, Tuesday, 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
1 100 14 12.00 pm to 12.30 pm October 31, 2017 (Tuesday)
2 100 7 2.30 pm to 3.00 pm October 24, 2017 (Tuesday)

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

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

Shailaja Singh
Assistant General Manager

Press Release: 2017-2018/1053

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