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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82114665

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.

18, 2007

1

28

35,700

28

2,000

6.00

–2,000

 

 

$

1

30

33,750

30

999

6.00

–999

2,999

Jun.

19, 2007

1

30

43,695

30

2,000

6.00

–2,000

 

 

$

1

31

35,895

31

997

6.00

–997

2,997

Jun.

20, 2007

1

34

46,600

34

1,989

6.00

–1,989

 

 

$

1

32

29,410

32

1,011

6.00

–1,011

3,000

Jun.

21, 2007

1

34

47,805

34

1,994

6.00

–1,994

 

 

$

1

34

32,500

34

1,006

6.00

–1,006

3,000

Jun.

22, 2007

3

35

47,145

35

1,990

6.00

–1,990

 

 

$

3

33

30,435

33

1,007

6.00

–1,007

2,997

@ : 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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