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RBI to conduct Overnight, 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on April 6, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on April 6, 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
1 450 28 10.00 am to 10.30 am May 04, 2017 (Thursday)
2 450 14 12.00 pm to 12.30 pm April 20, 2017 (Thursday)
3 450 7 12.00 pm to 12.30 pm April 13, 2017 (Thursday)
4 450 1 1.30 pm to 2.00 pm April 07, 2017 (Friday)

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 : 2016-2017/2681

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