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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82115630

Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

 

Repo
REPO (INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection(+)/

Outstanding

LAF

period

Bids
Received

Bids
Accepted

Cut-Off

Bids
Received

Bids
Accepted

Cut-Off

absorption(-) of

Amount @

Date

(Day(s))

Number

Amount

Number

Amount

Rate(%)

Number

Amount

Number

Amount

Rate(%)

liquidity (6-11)

 

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Apr.

9, 2007

1

2

760

2

760

7.75

6

3,370

6

2,000

6.00

–1,240

 

 

$

1

15

5,745

15

1,000

6.00

–1,000

2,240

Apr.

10, 2007

1

11

14,295

11

1,999

6.00

–1,999

 

 

$

1

20

14,825

20

1,001

6.00

–1,001

3,000

Apr.

11, 2007

1

23

24,875

23

1,992

6.00

–1,992

 

 

$

1

21

18,545

21

1,008

6.00

–1,008

3,000

Apr.

12, 2007

1

25

28,690

25

1,999

6.00

–1,999

 

 

$

1

21

22,925

21

1,000

6.00

–1,000

2,999

Apr.

13, 2007

3

10

19,855

10

1,999

6.00

–1,999

 

 

$

3

6

9,445

6

1,001

6.00

–1,001

3,000

@ : 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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