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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82587116

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.

4, 2007

1

39

48,810

39

1,997

6.00

–1,997

 

 

$

1

33

38,605

33

1,001

6.00

–1,001

2,998

Jun.

5, 2007

1

41

56,745

41

1,998

6.00

–1,998

 

 

$

1

40

46,100

40

999

6.00

–999

2,997

Jun.

6, 2007

1

41

67,785

41

2,000

6.00

–2,000

 

 

$

1

37

41,740

37

1,000

6.00

–1,000

3,000

Jun.

7, 2007

1

45

64,980

45

1,999

6.00

–1,999

 

 

$

1

37

45,010

37

1,001

6.00

–1,001

3,000

Jun.

8, 2007

3

41

59,415

41

1,994

6.00

–1,994

 

 

$

3

35

42,655

35

995

6.00

–995

2,989

@ :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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