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RBI to conduct Overnight, 7 day, 11 day and 28 day Variable Rate Reverse Repo Auctions under LAF on April 17, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on April 17, 2017, Monday, 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
1 250 28 12.00 pm to 12.30 pm May 15, 2017 (Monday)
2 250 11 12.00 pm to 12.30 pm April 28, 2017 (Friday)
3 300 7 12.00 pm to 12.30 pm April 24, 2017 (Monday)
4 300 1 2.00 pm to 2.30 pm April 18, 2017 (Tuesday)

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 : 2016-2017/2781

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