Result of the Overnight and 28 day Variable Rate Reverse Repo Auctions held on February 22, 2017 - RBI

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Published on February 22, 2017

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Result of the Overnight and 28 day Variable Rate Reverse Repo Auctions held on February 22, 2017

Tenor	Overnight	28 day
Notified Amount (in ₹ billion)	700.00	300.00
Total amount of offers received (in ₹ billion)	499.96	39.50
Amount accepted (in ₹ billion)	499.96	39.50
Cut off Rate (%)	6.24	6.24
Weighted Average Rate (%)	6.23	6.24
Partial Acceptance Percentage of offers received at cut off rate	NA	NA

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2252

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