(Rs. crore)

Repo

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection
(+)/

LAF

period

Bids
Received

Bids
Accepted

Cut-Off

Bids
Received

Bids
Accepted

Cut-Off

Absorption
(-) of

Out
standing

Date

(Day(s))

Number

Amount

Number

Amount

Rate(%)

Number

Amount

Number

Amount

Rate(%)

liquidity
(6-11)

Amount @

1

2

3

4

5

6

7

8

9

10

11

12

13

14

May

28, 2007

1

—

—

—

—

—

8

9,955

8

2,000

6.00

–2,000

$

1

—

—

—

—

—

12

7,535

12

999

6.00

–999

2,999

May

29, 2007

1

—

—

—

—

—

20

18,275

20

2,000

6.00

–2,000

$

1

—

—

—

—

—

20

14,995

20

994

6.00

–994

2,994

May

30, 2007

1

—

—

—

—

—

28

30,805

28

1,999

6.00

–1,999

$

1

—

—

—

—

—

25

18,530

25

997

6.00

–997

2,996

May

31, 2007

1

—

—

—

—

—

32

37,020

32

1,995

6.00

–1,995

$

1

—

—

—

—

—

35

35,270

35

997

6.00

–997

2,992

Jun.

1, 2007

3

—

—

—

—

—

35

44,550

35

1,996

6.00

–1,996

$

3

—

—

—

—

—

32

37,075

32

1,000

6.00

–1,000

2,996

@ :Net of overnight repo. ' — ' :  No bid was received in the auction.
$ :Second LAF auction introduced with effect from November 28, 2005.
Note : With effect from March 5, 2007, daily reverse repo absorptions have been limited to a maximum of
Rs.3,000 crore each day comprising Rs. 2,000 crore in the first LAF & Rs. 1,000 crore in the second LAF.