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Date : May 22, 2017
RBI to conduct 7 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on May 23, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on May 23, 2017, Tuesday, 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
1 100 28 10.00 am to 10.30 am June 20, 2017 (Tuesday)
2 250 14 12.00 pm to 12.30 pm June 06, 2017 (Tuesday)
3 300 7 2.00 pm to 2.30 pm May 30, 2017 (Tuesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3137


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