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Date : Mar 01, 2017
RBI to conduct Overnight, 7 day, 14 day and 28 day Variable Rate Reverse Repo auctions under LAF on March 02, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on March 02, 2017, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 700 1 9.30 am to 10.00 am March 3, 2017 (Friday)
2 400 7 9.30 am to 10.00 am March 9, 2017 (Thursday)
3 200 14 9.30 am to 10.00 am March 16, 2017 (Thursday)
4 200 28 12.00 pm to 12.30 pm March 30, 2017 (Thursday)
5 700 1 4.00 pm to 4.30 pm March 3, 2017 (Friday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2330


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