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RBI to conduct 7 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on August 24, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on August 24, 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 28 10.00 am to 10.30 am September 21, 2017 (Thursday)
2 400 14 12.00 pm to 12.30 pm September 07, 2017 (Thursday)
3 300 7 3.00 pm to 3.30 pm August 31, 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: 2017-2018/523

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