As announced in the revised Liquidity Management Framework on August 22, 2014, Reserve Bank will conduct regular variable rate 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
(₹ Billion) | Tenor (days) | Date of Reversal | | 1 | October 01, 2015 (Thursday) | 235 | 15 | October 16, 2015 (Friday) | | 2 | October 06, 2015 (Tuesday) | 155 | 14 | October 20, 2015 (Tuesday) | | 3 | October 09, 2015 (Friday) | 155 | 14 | October 23, 2015 (Friday) | | 4 | October 13, 2015 (Tuesday) | 150 | 14 | October 27, 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. As indicated in the ‘Term Repo under Liquidity Adjustment Facility-Operational Guidelines’ dated October 8, 2013, the RBI reserves the right to inject less than the notified amount without assigning any reasons there for. Ajit Prasad
Assistant General Manager Press Release : 2015-2016/793 | |