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80902719

RBI to conduct Overnight and 7-day Variable Rate Reverse Repo auctions under LAF on July 10, 2019

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on July 10, 2019, Wednesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 700 1 12.00 pm to 12.30 pm July 11, 2019 (Thursday)
2 200 7 4:00 pm to 4:30 pm July 17, 2019 (Wednesday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Ajit Prasad
Director (Communications)

Press Release : 2019-2020/100

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