RBI to conduct Overnight, 7 day and 14 day Variable rate Reverse Repo auctions under LAF on March 16, 2017

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The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on March 16, 2017, Thursday, as per the revised guidelines on Term Repo Auctions issued onĀ February 13, 2014.

Sl. No.Notified Amount
( billion)
Tenor
(day)
Window TimingDate of Reversal
130019.30 am to 10.00 amMarch 17, 2017 (Friday)
225079.30 am to 10.00 amMarch 23, 2017 (Thursday)
33001412.00 pm to 12.30 pmMarch 30, 2017 (Thursday)
440014.00 pm to 4.30 pmMarch 17, 2017 (Friday)

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: 2016-2017/2462

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