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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82116484

Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

 

 

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net
injection(+)/

 

LAF

Repo
period

Bids
Received

Bids
Accepted

Cut-Off

Bids
Received

Bids
 Accepted

Cut-Off

absorption
(-) of

Out
standing

Date

(Day(s))

Number

Amount

Number

Amount

Rate
(%)

Number

Amount

Number

Amount

Rate(%)

liquidity
(6-11)

Amount @

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Jun.

25, 2007

1

29

34,595

29

2,000

6.00

–2,000

 

 

$

1

28

26,475

28

1,000

6.00

–1,000

3,000

Jun.

26, 2007

1

38

48,350

38

1,995

6.00

–1,995

 

 

$

1

27

19,180

27

1,001

6.00

–1,001

2,996

Jun.

27, 2007

1

 

 

$

1

2

10

2

10

6.00

–10

10

Jun.

28, 2007

1

5

2,500

5

2,500

7.75

2,500

 

 

$

1

12

6,975

12

6,975

7.75

2

10

2

10

6.00

6,965

–9,465

Jun.

29, 2007

4

16

9,520

16

9,520

7.75

9,520

 

 

$

4

1

375

1

375

7.75

13

4,005

13

1,000

6.00

–625

–8,895

@ : Net of overnight repo.
' — ' :  No bid was received in the auction.
$ : Second LAF auction introduced with effect from November 28, 2005.
Note : With effect from March 5, 2007, daily reverse repo absorptions have been limited to a maximum of
Rs.3,000 crore each day comprising Rs. 2,000 crore in the first LAF & Rs. 1,000
crore in the second LAF.

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