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RBI to conduct 7-day, 14-day and 28-day Variable Rate Reverse Repo Auctions under LAF on December 05, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on December 05, 2017, Tuesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1 100 28 10.00 am to 10.30 am January 02, 2018 (Tuesday)
2 100 14 12.00 pm to 12.30 pm December 19, 2017 (Tuesday)
3 150 7 2.30 pm to 3.00 pm December 12, 2017 (Tuesday)

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: 2017-2018/1516

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