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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82119377

Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

 

Repo

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection
(+)/

 

LAF

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

Jul.

3, 2007

1

29

40,995

29

1,998

6.00

–1,998

 

 

$

1

37

39,505

37

997

6.00

–997

2,995

Jul.

4, 2007

1

40

53,670

40

2,000

6.00

–2,000

 

 

$

1

33

39,085

33

987

6.00

–987

2,987

Jul.

5, 2007

1

40

55,370

40

1,996

6.00

–1,996

 

 

$

1

34

38,850

34

1,001

6.00

–1,001

2,997

Jul.

6, 2007

3

39

55,325

39

1,998

6.00

–1,998

 

 

$

3

27

33,800

27

1,001

6.00

–1,001

2,999

@ : 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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