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RBI to conduct 7 day, 14 day and 27 day Variable Rate Reverse Repo auctions under LAF on September 21, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on September 21, 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
1 100 27 10.00 am to 10.30 am October 18, 2017 (Wednesday)
2 200 14 12.00 pm to 12.30 pm October 5, 2017 (Thursday)
3 200 7 2.30 pm to 3.00 pm September 28, 2017 (Thursday)

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: 2017-2018/789

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