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Term Repo Auctions under Liquidity Adjustment Facility

As announced in the revised Liquidity Management Framework on August 22, 2014, Reserve Bank will conduct regular 14 day term repos four times during a reporting fortnight. Accordingly, four term repo auctions will be conducted as per the schedule given hereunder:

Sl. No. Date of Auction Notified Amount (` Crore) Tenor (days) Date of Reversal
1. February 20, 2015 (Friday) 20,000 13 March 5, 2015 (Thursday)
2. February 24, 2015 (Tuesday) 15,500 14 March 10, 2015 (Tuesday)
3. February 27, 2015 (Friday) 15,500 14 March 13, 2015 Friday)
4. March 3, 2015 (Tuesday) 15,000 14 March 17, 2015 (Tuesday)

The auctions will be conducted as per the revised guidelines issued on February 13, 2014. Successful bidders will get the allotment at their respective bids.

Ajit Prasad
Assistant General Manager

Press Release : 2014-2015/1749

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