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Repo/Reverse Repo Auctions under Liquidity Adjustment Facility
82121172

Repo/Reverse Repo Auctions under Liquidity Adjustment Facility

(Rs. crore)

 

 

REPO
(INJECTION)

 REVERSE REPO
(ABSORPTION)

Net injection(+)/

 

LAF

Repo period

Bids
Received

Bids
Accepted

Cut-Off

Bids
Received

Bids
Accepted

Cut-Off

absorption
(-) of

Out
standing

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

Jul.

9, 2007

1

34

52,935

34

1,999

6.00

–1,999

 

 

$

1

28

33,380

28

1,000

6.00

–1,000

2,999

Jul.

10, 2007

1

42

57,540

42

1,999

6.00

–1,999

 

 

$

1

33

32,905

33

991

6.00

–991

2,990

Jul.

11, 2007

1

43

56,590

43

1,995

6.00

–1,995

 

 

$

1

32

35,405

32

1,002

6.00

–1,002

2,997

Jul.

12, 2007

1

42

58,960

42

1,994

6.00

–1,994

 

 

$

1

37

39,705

37

1,005

6.00

–1,005

2,999

Jul.

13 2007

3

44

63,750

44

1,991

6.00

–1,991

 

 

$

3

39

41,950

39

1,008

6.00

–1,008

2,999

@ : 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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