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RBI to conduct 13 day variable rate repo auction under LAF Today For ₹ 200 billion between 12.30 pm and 1.00 pm
March, 22nd 2016

The Reserve Bank of India will conduct 13 day variable rate repo auction for a notified amount of ₹ 200 billion today (March 22, 2016, Tuesday). The auction will be conducted between 12.30 pm and 1.00 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected. The reversal of the 13 day variable rate repo will take place on April 4, 2016 (Monday).

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2221

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