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RBI to conduct Overnight, 7 day and 14 day Variable Rate Reverse Repo Auctions under LAF on March 30, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on March 30, 2017, Thursday, 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
1 800 1 9.30 am to 10.00 am March 31, 2017 (Friday)
2 600 7 9.30 am to 10.00 am April 6, 2017 (Thursday)
3 600 14 12.00 pm to 12.30 pm April 13, 2017 (Thursday)
4 1000 1 4.00 pm to 4.30 pm March 31, 2017 (Friday)

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 : 2016-2017/2608

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