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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82571806

Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

 

 

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection
(+)/

 

LAF

Repo period

Bids
Received

Bids
Accepted

 

Bids
Received

Bids
Accepted

 

absorption
(-) of

Out
standing

Date

(Day(s))

Number

Amount

Number

Amount

Cut-Off Rate(%)

Number

Amount

Number

Amount

Cut-Off Rate(%)

liquidity
(6-11)

Amount @

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Jul.

30, 2007

1

46

88,215

46

2,000

6.00

–2,000

 

 

$

1

40

62,025

40

999

6.00

–999

2,999

Jul.

31, 2007

1

40

80,730

40

1,993

6.00

–1,993

 

 

$

1

33

53,145

33

1,007

6.00

–1,007

3,000

Aug.

1, 2007

1

44

85,715

44

1,988

6.00

–1,988

 

 

$

1

35

50,530

35

1,011

6.00

–1,011

2,999

Aug.

2, 2007

1

41

74,040

41

1,991

6.00

–1,991

 

 

$

1

33

49,030

33

986

6.00

–986

2,977

Aug.

3, 2007

3

28

59,630

28

1,996

6.00

–1,996

 

 

$

3

28

45,000

28

1,001

6.00

–1,001

2,997

@ : 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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