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RBI to conduct 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on August 23, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on August 23, 2017, Wednesday, 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
1 100 28 10.00 am to 10.30 am September 20, 2017 (Wednesday)
2 100 14 12.00 pm to 12.30 pm September 06, 2017 (Wednesday)
3 100 7 3.00 pm to 3.30 pm August 30, 2017 (Wednesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2017-2018/504

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