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RBI to conduct Overnight Variable Rate Reverse Repo auction under LAF on January 6, 2020 - RBI - Reserve Bank of India

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81081267
Published on January 03, 2020
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RBI to conduct Overnight Variable Rate Reverse Repo auction under LAF on January 6, 2020

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on January 6, 2020, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 4,00,000 1 4:00 pm to 4:30 pm January 7, 2020 (Tuesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Director  

Press Release : 2019-2020/1612

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