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80070242

RBI to conduct Overnight, 7 day and 14 day Variable rate Reverse Repo auctions under LAF on February 2, 2017

 The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on February 2, 2017, Thursday 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
1 300 7 10.00 am to 10.30 am February 9, 2017 (Thursday)
2 300 14 10.00 am to 10.30 am February 16, 2017 (Thursday)
3 700 1 12.00 pm to 12.30 pm February 3, 2017 (Friday)
4 700 1 4.00 pm to 4.30 pm February 3, 2017 (Friday)

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

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

Shweta Mohile
Assistant Manager

Press Release : 2016-2017/2058

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