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RBI to conduct Overnight, 7 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on February 16, 2017

  The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on February 16, 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
1 200 7 10.00 am to 10.30 am February 23, 2017 (Thursday)
2 300 14 10.00 am to 10.30 am March 2, 2017 (Thursday)
3 300 28 12.00 pm to 12.30 pm March 16, 2017 (Thursday)
4 300 1 12.00 pm to 12.30 pm February 17, 2017 (Friday)
5 500 1 4.00 pm to 4.30 pm February 17, 2017 (Friday)

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 : 2016-2017/2203

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