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RBI to conduct 3 day, 7 day and 17 day Variable rate Reverse Repo auctions under LAF on March 31, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on March 31, 2017, Friday, 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
1 800 3 9.30 am to 10.00 am April 03, 2017 (Monday)
2 500 7 9.30 am to 10.00 am April 07, 2017 (Friday)
3 500 17 12.00 pm to 12.30 pm April 17, 2017 (Monday)
4 900 3 3.45 pm to 4.15 pm April 03, 2017 (Monday)

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 : 2016-2017/2627

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