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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82579827

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

May 14, 2007

1

7

2,650

7

2,650

7.75

2,650

 

$

1

29

13,845

29

13,845

7.75

1

25

1

25

6.00

13,820

–16,470

May 15, 2007

1

16

11,120

16

11,120

7.75

11,120

 

$

1

24

12,995

24

12,995

7.75

1

10

1

10

6.00

12,985

–24,105

May 16, 2007

1

15

9,825

15

9,825

7.75

1

10

1

10

6.00

9,815

 

$

1

23

11,780

23

11,780

7.75

1

25

1

25

6.00

11,755

–21,570

May 17, 2007

1

17

10,525

17

10,525

7.75

10,525

 

$

1

17

14,025

17

14,025

7.75

1

15

1

15

6.00

14,010

–24,535

May 18, 2007

3

22

14,150

22

14,150

7.75

14,150

 

$

3

10

5,530

10

5,530

7.75

1

10

1

10

6.00

5,520

–19,670

@ : 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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