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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82102267

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.

16, 2007

1

43

56,555

43

1,995

6.00

–1,995

 

 

$

1

40

41,945

40

1,005

6.00

–1,005

3,000

Jul.

17, 2007

1

47

66,970

47

1,996

6.00

–1,996

 

 

$

1

38

35,565

38

1,003

6.00

–1,003

2,999

Jul.

18, 2007

1

44

67,310

44

1,998

6.00

–1,998

 

 

$

1

39

42,855

39

1,002

6.00

–1,002

3,000

Jul.

19, 2007

1

48

65,920

48

1,984

6.00

–1,984

 

 

$

1

38

42,760

38

1,016

6.00

–1,016

3,000

Jul.

20, 2007

3

44

62,735

44

1,996

6.00

–1,996

 

 

$

3

34

42,475

34

1,004

6.00

–1,004

3,000

@ : 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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