RBI to conduct 7-day and 14-day Variable Rate Reverse Repo Auctions under LAF on April 11, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on April 11, 2018, Wednesday, 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. 200 14 12.00 pm to 12.30 pm April 25, 2018 (Wednesday)
2. 400 7 2.30 pm to 3.00 pm April 18, 2018 (Wednesday)

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

Press Release : 2017-2018/2690

Source: RBI Press Releases

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