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9. Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82041710

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

Feb.

28, 2005

1

40

30,930

40

30,930

4.75

–30,930

30,930

Mar.

1,2005

1

50

40,600

50

40,600

4.75

–40,600

40,600

Mar.

2,2005

1

51

44,100

51

44,100

4.75

–44,100

44,100

Mar.

3,2005

1

56

42,055

56

42,055

4.75

–42,055

42,055

Mar.

4,2005

3

53

41,005

53

41,005

4.75

–41,005

41,005

@: 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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