Term Repo Auctions under Liquidity Adjustment Facility

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Published on April 29, 2015

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Term Repo Auctions under Liquidity Adjustment Facility

As announced in the revised Liquidity Management Framework on August 22, 2014, Reserve Bank will conduct regular 14 day term repos four times during a reporting fortnight. Accordingly, four term repo auctions will be conducted as per the schedule given hereunder:

Sl.No.	Date of Auction	Notified Amount (₹ crore)	Tenor (days)	Date of Reversal
1	April 30, 2015 (Thursday)	21,500	15	May 15, 2015 (Friday)
2	May 5, 2015 (Tuesday)	15,500	14	May 19, 2015 (Tuesday)
3	May 8, 2015 (Friday)	15,500	14	May 22, 2015 (Friday)
4	May 12, 2015 (Tuesday)	15,000	14	May 26, 2015 (Tuesday)

The auctions will be conducted as per the revised guidelines issued on February 13, 2014. Successful bidders will get the allotment at their respective bids.

Sangeeta Das
Director

Press Release : 2014-2015/2290