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RBI to conduct 4 day and 11 day variable rate Reverse Repo Auctions under LAF today

The Reserve Bank of India will conduct the following variable rate reverse repo auctions today (July 14, 2016, Thursday) between 4.00 pm and 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
1 100 4 July 18, 2016 (Monday)
2 100 11 July 25, 2016 (Monday)

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 : 2016-2017/113

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