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Result of the 3 day and 7 day Variable rate Reverse Repo auctions held on March 17, 2017

Tenor 3 day 7 day
Notified Amount (in ₹ billion) 400.00 300.00
Total amount of offers received (in ₹ billion) 338.83 154.50
Amount accepted (in ₹ billion) 338.83 154.50
Cut off Rate (%) 6.24 6.24
Weighted Average Rate (%) 6.19 6.23
Partial Acceptance Percentage of offers received at cut off rate NA NA

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2476

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