(Rs. crore)

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection(+)/

LAF

Repo period

Bids
Received

Bids
Accepted

Cut-Off

Bids
Received

Bids
Accepted

Cut-Off

absorption
(-) of

Out
standing

Date

(Day(s))

Number

Amount

Number

Amount

Rate(%)

Number

Amount

Number

Amount

Rate(%)

liquidity
(6-11)

Amount @

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Jul.

23, 2007

1

—

—

—

—

—

38

59,910

38

1,991

6.00

–1,991

$

1

—

—

—

—

—

32

37,905

32

1,008

6.00

–1,008

2,999

Jul.

24, 2007

1

—

—

—

—

—

49

68,545

49

1,998

6.00

–1,998

$

1

—

—

—

—

—

39

45,355

39

999

6.00

–999

2,997

Jul.

25, 2007

1

—

—

—

—

—

47

68,115

47

1,995

6.00

–1,995

$

1

—

—

—

—

—

34

39,485

34

998

6.00

–998

2,993

Jul.

26, 2007

1

—

—

—

—

—

46

77,930

46

1,994

6.00

–1,994

$

1

—

—

—

—

—

42

50,855

42

1,005

6.00

–1,005

2,999

Jul.

27, 2007

3

—

—

—

—

—

44

86,110

44

1,993

6.00

–1,993

$

3

—

—

—

—

—

41

65,690

41

999

6.00

–999

2,992

@ : Net of overnight repo. ' — ' :  No bid was received in the auction.
$ : Second LAF auction introduced with effect from November 28, 2005.
Note : With effect from March 5, 2007, daily reverse repo absorptions have been limited to a maximum of
Rs.3,000 crore each day comprising Rs. 2,000 crore in the first LAF & Rs. 1,000 crore in the second LAF.