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9. Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82050419

9. Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

Repo

REPO (INJECTION)

REVERSE REPO (ABSORPTION)

Net injection(+)

Outstanding

LAF

period

Bids Received

Bids Accepted

Cut-Off

Bids Received

Bids Accepted

Cut-Off

absorption(-) of

Amount @

Date

(Day(s))

Number

Amount

Number

Amount

Rate(%)

Number

Amount

Number

Amount

Rate(%)

liquidity (11-6)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Mar.

21, 2005

1

24

21,075

24

21,075

4.75

–21,075

21,075

Mar.

22, 2005

1

23

17,920

23

17,920

4.75

–17,920

17,920

Mar.

23, 2005

1

27

18,550

27

18,550

4.75

–18,550

18,550

Mar.

24, 2005

4

19

10,900

19

10,900

4.75

–10,900

10,900

@:Net of overnight repo.
' — ' : No bid was received in the auction.
Note:With effect from October 29, 2004 nomenclature of Repo and Reverse Repo has been interchanged as per international usages.
Till October 28, 2004, Repo indicated absorption of liquidy whereas Reverse Repo meant injection of liquidity by the Reserve Bank.


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