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RBI to conduct Overnight and 14 day Variable rate Reverse Repo auctions under LAF on February 1, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on February 1, 2017, Wednesday 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
1 300 14 10.00 am to 10.30 am February 15, 2017 (Wednesday)
2 500 1 12.00 pm to 12.30 pm February 2, 2017 (Thursday)
3 500 1 4.00 pm to 4.30 pm February 2, 2017 (Thursday)

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

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

Alpana Killawala
Principal Adviser

Press Release : 2016-2017/2042

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