Result of the 3 day and 7 day Variable rate Reverse Repo auctions held on March 31, 2017 - RBI

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Published on March 31, 2017

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Result of the 3 day and 7 day Variable rate Reverse Repo auctions held on March 31, 2017

Tenor	3 day	7 day
Notified Amount (in ₹ billion)	800.00	500.00
Total amount of offers received (in ₹ billion)	164.25	163.75
Amount accepted (in ₹ billion)	164.25	163.75
Cut off Rate (%)	6.24	6.24
Weighted Average Rate (%)	6.14	6.24
Partial Acceptance Percentage of offers received at cut off rate	NA	NA

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2630

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