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RBI to conduct 42-day and Overnight Variable Rate Reverse Repo auctions under LAF on January 13, 2020

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on January 13, 2020, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 25,000 42 12:00 pm to 12:30 pm February 24, 2020 (Monday)
2 2,35,000 1 4:00 pm to 4:30 pm January 14, 2020 (Tuesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Rupambara
Director   

Press Release: 2019-2020/1669

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