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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82111803

Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

 

 

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection
(+)/

 

LAF

Repo period

Bids
Received

Bids
Accepted

 

Bids
Received

Bids
Accepted

 

absorption
(-) of

Out
standing

Date

(Day(s))

Number

Amount

Number

Amount

Cut-Off Rate
(%)

Number

Amount

Number

Amount

Cut-Off Rate
(%)

Liquidity
 (6-11)

Amount @

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Jun.

11, 2007

1

27

26,120

27

1,994

6.00

–1,994

 

 

$

1

26

27,885

26

1,003

6.00

–1,003

2,997

Jun.

12, 2007

1

27

33,190

27

1,994

6.00

–1,994

 

 

$

1

27

28,935

27

1,005

6.00

–1,005

2,999

Jun.

13, 2007

1

28

32,580

28

1,998

6.00

–1,998

 

 

$

1

30

31,880

30

999

6.00

–999

2,997

Jun.

14, 2007

1

31

39,145

31

1,998

6.00

–1,998

 

 

$

1

31

34,570

31

1,001

6.00

–1,001

2,999

Jun.

15, 2007

3

29

38,555

29

1,996

6.00

–1,996

 

 

$

3

26

30,645

26

1,002

6.00

–1,002

2,998

@ :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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