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RBI to conduct 21 day and 56 day variable rate Reverse Repo auctions under LAF Today

The Reserve Bank of India will conduct the following variable rate Reverse Repo auctions today (November 17, 2016, 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
1 300 21 2.00 pm to 2.30 pm December 08,  2016 (Thursday)
2 300 56 2.00 pm to 2.30 pm January 12, 2017 (Thursday)

Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2016-2017/1232

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