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Date : Sep 11, 2017
RBI to conduct 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on September 12, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on September 12, 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 October 10, 2017 (Tuesday)
2 200 14 12.00 pm to 12.30 pm September 26, 2017 (Tuesday)
3 200 7 2.30 pm to 3.00 pm September 19, 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 : 2017-2018/695


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