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RBI to conduct 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on June 14, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on June 14, 2017, Wednesday, 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
1 100 28 10.00 am to 10.30 am July 12, 2017 (Wednesday)
2 100 14 12.00 pm to 12.30 pm June 28, 2017 (Wednesday)
3 100 7 2.00 pm to 2.30 pm June 21, 2017 (Wednesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3361

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