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RBI to conduct 3 day, 6 day, 14 day and 56 day Variable rate Reverse Repo auctions under LAF on April 7, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on April 7, 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
1 300 56 10.00 am to 10.30 am June 02, 2017 (Friday)
2 300 14 12.00 pm to 12.30 pm April 21, 2017 (Friday)
3 300 6 12.00 pm to 12.30 pm April 13, 2017 (Thursday)
4 300 3 2.00 pm to 2.30 pm April 10, 2017 (Monday)

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

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

Shweta Mohile
Assistant Manager

Press Release: 2016-2017/2696

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