Today, the Reserve Bank conducted the first tranche of Targeted Long Term Repo Operation (TLTRO) 2.0 for a notified amount of ₹25,000 crore with a 3-year tenor in pursuance of the announcement made vide press release 2237/2019-2020 dated April 17, 2020. 2. The total bids that were received amounted to ₹12,850 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 0.5. 3. Allotment was done for all bids as given below: | Tenor | 3-year | | Date of Reversal | April 21, 2023 | | Notified Amount (in ₹ crore) | 25,000 | | No of bids received | 14 | | Total amount of bids received (in ₹ crore) | 12,850 | | Amount allotted (in ₹ crore) | 12,850 | | Pro-rata Allotment Percentage (%) | NA | 4. The RBI will review the auction results and take a view in the matter. (Yogesh Dayal)
Chief General Manager Press Release: 2019-2020/2262 | |