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RBI to conduct 7-day and 14-day Variable Rate Reverse Repo auctions under LAF on February 28, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on February 28, 2018, Wednesday, 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. 250 14 12.00 pm to 12.30 pm March 14, 2018 (Wednesday)
2. 250 7 2.30 pm to 3.00 pm March 07, 2018 (Wednesday)

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: 2017-2018/2309

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