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RBI to conduct Overnight and 28-day Variable Rate Reverse Repo auctions under LAF on January 16, 2020

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on January 16, 2020, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 25,000 28 12:00 pm to 12:30 pm February 13, 2020 (Thursday)
2 2,35,000 1 4:00 pm to 4:30 pm January 17, 2020 (Friday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Rupambara
Director   

Press Release: 2019-2020/1704

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