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9. Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
70585284

9. 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 (11-6)

 

1

 

2

3

4

5

6

7

8

9

10

11

12

13

14

                             

May

2,2005

1

42

32,900

42

32,900

5.00

–32,900

32,900

                             

May

3,2005

1

44

34,160

44

34,160

5.00

–34,160

34,160

                             

May

4,2005

1

43

27,480

43

27,480

5.00

–27,480

27,480

                             

May

5,2005

1

41

24,615

41

24,615

5.00

–24,615

24,615

                             

May

6,2005

3

42

27,010

42

27,010

5.00

–27,010

27,010

                             

@: Net of overnight repo.
' — ' : No bid was received in the auction.
Note: With effect from October 29, 2004 nomenclature of Repo and Reverse Repo has been interchanged as per international usages.
Till October 28, 2004, Repo indicated absorption of liquidy whereas Reverse Repo meant injection of liquidity by the Reserve Bank.

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