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RBI to conduct 3 day and 7 day variable rate Reverse Repo Auctions under LAF Today

The Reserve Bank of India will conduct following variable rate reverse repo auctions today (September 09, 2016, Friday) between 4.00 pm to 4.30 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl No. Notified Amount
(₹ Billion)
Tenor Date of Reversal
1. 350 3 September 12, 2016 (Monday)
2. 200 7 September 16, 2016 (Friday)

Successful offers will get the allotment at their respective offered rates. Offers at or above the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2016-2017/635

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