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RBI to conduct Overnight, 7 day and 14 day Variable rate Reverse Repo auctions under LAF on February 8, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on February 8, 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
1 200 7 10.00 am to 10.30 am February 15, 2017 (Wednesday)
2 300 14 10.00 am to 10.30 am February 22, 2017 (Wednesday)
3 400 1 4.00 pm to 4.30 pm February 9, 2017 (Thursday)

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: 2016-2017/2117

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