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RBI to conduct Overnight, 7 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on April 5, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on April 5, 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
1 600 28 10.00 am to 10.30 am May 03, 2017 (Wednesday)
2 500 14 12.00 pm to 12.30 pm April 19, 2017 (Wednesday)
3 500 7 12.00 pm to 12.30 pm April 12, 2017 (Wednesday)
4 700 1 2.00 pm to 2.30 pm April 06, 2017 (Thursday)

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 : 2016-2017/2663

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