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RBI to conduct 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on July 03, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on July 03, 2017, Monday, 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
1 200 28 10.00 am to 10.30 am July 31, 2017 (Monday)
2 500 14 12.00 pm to 12.30 pm July 17, 2017 (Monday)
3 500 7 2.00 pm to 2.30 pm July 10, 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 : 2016-2017/3548

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