Term Repo Auctions under Liquidity Adjustment Facility

March 19, 2015 / 11:30 IST

As announced in the revised Liquidity Management Framework on August 22, 2014, Reserve Bank will conduct regular 14 day term repos four times during a reporting fortnight. Accordingly, four term repo auctions will be conducted as per the schedule given hereunder:

Sl.No.	Date of Auction	Notified Amount (` Crore)	Tenor (days)	Date of Reversal
1	March 20, 2015 (Friday)	21,000	11	March 31, 2015 (Tuesday)
2	March 24, 2015 (Tuesday)	15,500	14	April 7, 2015 (Tuesday)
3	March 27, 2015 (Friday)	15,500	14	April 10, 2015 (Friday)
4	March 31, 2015 (Tuesday)	15,000	13	April 13, 2015 (Monday)

Further, as announced on March 4, 2015 , Standalone Primary Dealers are eligible to participate in the auctions to be conducted on March 24, 27 and 31, 2015 within the notified amount.

The auctions will be conducted as per the revised guidelines issued on February 13, 2014. Successful bidders will get the allotment at their respective bids.

Ajit Prasad Assistant GeneralManager

Press Release : 2014-2015/1968