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RBI to conduct 7-day Variable Rate Reverse Repo Auction under LAF on August 6, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on August 6, 2018, Monday, as per the revised guidelines on Term Repo Au ctions 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 August 13, 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 : 2018-2019/318

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