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RBI to conduct Overnight, 7-day and 63-day Variable Rate Reverse Repo auctions under LAF on July 3, 2019

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on July 3, 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 1000 1 3:30 pm to 4:00 pm July 4, 2019 (Thursday)
2 200 7 12.00 pm to 12.30 pm July 10, 2019 (Wednesday)
3 250 63 11.00 am to 11.30 am September 04, 2019 (Wednesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Director (Communications)

Press Release : 2019-2020/25

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