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RBI to conduct 3 day, 6 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on February 17, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on February 17, 2017, Friday, 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
1 400 6 10.00 am to 10.30 am February 23, 2017 (Thursday)
2 400 14 10.00 am to 10.30 am March 3, 2017 (Friday)
3 400 28 12.00 pm to 12.30 pm March 17, 2017 (Friday)
4 500 3 12.00 pm to 12.30 pm February 20, 2017 (Monday)
5 700 3 3.45 pm to 4.15 pm February 20, 2017 (Monday)

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

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

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/2217

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