RBI to conduct Overnight, 7-day and 14-day Variable Rate Reverse Repo Auctions under LAF on April 03, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on April 03, 2018, Tuesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(Rs. billion)
Tenor
(day/s)
Window Timing Date of Reversal
1. 800 1 10.30 am to 11.00 am April 04, 2018 (Wednesday)
2. 800 7 12.00 pm to 12.30 pm April 10, 2018 (Tuesday)
3. 400 14 2.30 pm to 3.00 pm April 17, 2018 (Tuesday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager