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RBI to conduct 3 day and 12 day variable rate Reverse Repo Auctions under LAF Today
August, 26th 2016

The Reserve Bank of India will conduct the following variable rate reverse repo auctions today (August 26, 2016, Friday) between 4.00 pm and 4.30 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl No. Notified Amount 
(₹ billion)
Tenor Date of Reversal
1. 150 3 August 29, 2016 (Monday)
2. 150 12 September 07, 2016 (Wednesday)

Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/502

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