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Press Release


PDF document (155 kb)
Date : May 23, 2017
RBI to conduct 7 day, 14 day and 28 day Variable rate Reverse Repo auctions under LAF on May 24, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on May 24, 2017, Wednesday, 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 21, 2017 (Wednesday)
2 150 14 12.00 pm to 12.30 pm June 07, 2017 (Wednesday)
3 100 7 2.00 pm to 2.30 pm May 31, 2017 (Wednesday)

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

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

Shweta Mohile
Assistant Manager

Press Release : 2016-2017/3150


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