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Date : Dec 11, 2017
RBI to conduct 7-day, 14-day and 28-day Variable Rate Reverse Repo auctions under LAF on December 12, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on December 12, 2017, Tuesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1 100 28 10.00 am to 10.30 am January 09, 2018 (Tuesday)
2 150 14 12.00 pm to 12.30 pm December 26, 2017 (Tuesday)
3 250 7 2.30 pm to 3.00 pm December 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: 2017-2018/1593


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