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RBI to conduct 7-Day and 14-day Variable Rate Reverse Repo Auctions under LAF on June 04, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on June 04, 2018, Monday, 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. 500 7 2.30 pm to 3:00 pm June 11, 2018 (Monday)
2. 300 14 12.00 pm to 12:30 pm June 18, 2018 (Monday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/3163

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