(Rs. crore)

Repo

REPO
(INJECTION)

REVERSE REPO
(ABSORPTION)

Net injection(+)/

LAF

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

Apr.

30, 2007

3

17

8,360

17

8,360

7.75

1

15

1

15

6.00

8,345

$

3

23

7,615

23

7,615

7.75

—

—

—

—

—

7,615

–15,960

May

3, 2007

1

10

4,380

10

4,380

7.75

1

25

1

25

6.00

4,355

$

1

11

3,225

11

3,225

7.75

1

10

1

10

6.00

3,215

–7,570

May

4, 2007

3

3

1,720

3

1,720

7.75

2

915

2

915

6.00

805

$

3

3

225

3

225

7.75

3

215

3

215

6.00

10

–815

@ : 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.