Result of the 14 day Variable Rate Reverse Repo Auction held on July 13, 2017

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MIL OSI Global Banks

Source: Reserve Bank of India

Headline: Result of the 14 day Variable Rate Reverse Repo Auction held on July 13, 2017

Tenor 14 day
Notified Amount (in ₹ billion) 300.00
Total amount of offers received (in ₹ billion) 422.50
Amount accepted (in ₹ billion) 300.12
Cut off Rate (%) 6.24
Weighted Average Rate (%) 6.24
Partial Acceptance Percentage of offers received at cut off rate 71.01

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/121

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