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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82579358

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.

26, 2007

2

39

29,495

39

29,495

7.50

29,495

 

 

$

2

18

7,265

18

7,265

7.50

1

40

1

40

6.00

7,225

–36,720

Mar.

28, 2007

1

33

26,725

33

26,725

7.50

26,725

 

 

$

1

3

670

3

670

7.50

11

3,215

11

1,000

6.00

–330

–26,395

Mar.

29, 2007

1

20

13,005

20

13,005

7.50

1

30

1

30

6.00

12,975

 

 

$

1

12

4,860

12

4,860

7.50

1

10

1

10

6.00

4,850

–17,825

Mar.

30, 2007

4

34

21,275

34

21,275

7.50

2

810

2

810

6.00

20,465

 

 

$

4

25

9,375

25

9,375

7.50

4

955

4

955

6.00

8,420

–28,885

@ : Net of overnight repo.  ' — ' :  No bid was receivedm 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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