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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82106195

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

Outstanding

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

Mar.

12, 2007

1

21

19,170

21

1,999

6.00

–1,999

 

 

$

1

17

13,650

17

1,001

6.00

–1,001

3,000

Mar.

13, 2007

1

20

22,745

20

1,997

6.00

–1,997

 

 

$

1

14

11,370

14

1,003

6.00

–1,003

3,000

Mar.

14, 2007

1

20

20,355

20

2,000

6.00

–2,000

 

 

$

1

17

16,820

17

1,000

6.00

–1,000

3,000

Mar.

15, 2007

1

14

19,370

14

2,000

6.00

–2,000

 

 

$

1

1

20

1

20

7.50

10

8,145

10

1,000

6.00

–980

2,980

Mar.

16, 2007

4

20

11,080

20

11,080

7.50

1

20

1

20

6.00

11,060

 

 

$

4

17

8,625

17

8,625

7.50

1

150

1

150

6.00

8,475

–19,535

@: 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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