Result of the 7 day Variable Rate Reverse Repo Auction held on May 18, 2017 - RBI

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Published on May 18, 2017

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Result of the 7 day Variable Rate Reverse Repo Auction held on May 18, 2017

Tenor	7 day
Notified Amount (in ₹ billion)	400.00
Total amount of offers received (in ₹ billion)	546.30
Amount accepted (in ₹ billion)	400.10
Cut off Rate (%)	6.24
Weighted Average Rate (%)	6.23
Partial Acceptance Percentage of offers received at cut off rate	39.68

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3104

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