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RBI to conduct Overnight, 14 day and 28 day variable rate Reverse Repo auctions under LAF on January 17, 2017

The Reserve Bank of India will conduct the following variable rate Reverse Repo auctions tomorrow (January 17, 2017, Tuesday) 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
1 500 1 4.00 pm to 4.30 pm January 18, 2017 (Wednesday)
2 400 14 10.00 am to 10.30 am January 31, 2017 (Tuesday)
3 400 28 10.00 am to 10.30 am February 14, 2017 (Tuesday)

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 : 2016-2017/1899

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