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HomeNewsBusinessPress ReleaseTerm Repo Auctions under Liquidity Adjustment Facility

Term Repo Auctions under Liquidity Adjustment Facility

Term Repo Auctions under Liquidity Adjustment Facility

March 04, 2015 / 18:45 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 AuctionNotified Amount (` Crore)Tenor (days)Date of Reversal
1.March 5, 2015 (Thursday)20,00015March 20, 2015 (Friday)
2.March 10, 2015 (Tuesday)15,50014March 24, 2015 (Tuesday)
3.March 13, 2015 (Friday)15,50014March 27, 2015 (Friday)
4.March 17, 2015 (Tuesday)15,00014March 31, 2015 (Tuesday)
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 General Manager

Press Release : 2014-2015/1861

first published: Mar 4, 2015 06:45 pm

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