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RBI to conduct 21-day Variable Rate Repo auction under LAF on October 16, 2018

The Reserve Bank of India will conduct the following Variable Rate Repo auction on October 16, 2018, Tuesday, 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 21 2.00 pm to 2.30 pm November 06, 2018 (Tuesday)

Successful bidders will get the allotment at their respective bid rates.

Bids at or below the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/887

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