Option for prepayment of funds availed under Targeted Long-Term Repo Operations (TLTRO and TLTRO 2.0) before maturity -Term Repo Operations (TLTRO and TLTRO 2.0) before maturity

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Published on December 08, 2021

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Option for prepayment of funds availed under Targeted Long-Term Repo Operations (TLTRO and TLTRO 2.0) before maturity

As announced in the Governor’s Statement of December 08, 2021, banks which had availed of funds under TLTRO and TLTRO 2.0 will be provided with one more option to prepay the outstanding amount.

2. Banks desirous of exercising the above option are advised to submit their requests via email to the Financial Markets Operations Department (Ph: 022-2263 0982 / 2263 4925) in the format enclosed at Annex 1 of this press release on or before December 17, 2021. No request for extension of the time window will be entertained.

3. The prepayment exercise for different operations will be undertaken on the following dates:

Sr. No.	Date of Operation	Date of Prepayment
1	March 27, 2020 (TLTRO)	December 21, 2021
2	April 3, 2020 (TLTRO)
3	April 9, 2020 (TLTRO)
4	April 17, 2020 (TLTRO)	December 22, 2021
5	April 23, 2020 (TLTRO 2.0)	December 22, 2021

4. The Reserve Bank reserves the right to decide the quantum of prepayment and / or to accept or reject any or all the requests, either wholly or partially, without assigning any reason thereof.

(Yogesh Dayal)
Chief General Manager

Press Release: 2021-2022/1324