RBI to sell 3 day reverse repo worth Rs 10,000 cr today
12/09/2014 14:39
The Reserve Bank will conduct a 3 day reverse repo variable rate auction for a notified amount of ` 10,000 crore today, i.e., September 12, 2014.
“The auction will be conducted between 3.00 PM and 3.30 PM as per the revised guidelines on term repo auctions issued on February 13, 2014,” RBI said in a press release.
Successful offers will get the allotment at their respective offered rates. Offers at or above the repo rate will be rejected.
The reversal of the 3 day reverse repo will take place on September 15, 2014, it added.
12/09/2014 14:39
The Reserve Bank will conduct a 3 day reverse repo variable rate auction for a notified amount of ` 10,000 crore today, i.e., September 12, 2014.
“The auction will be conducted between 3.00 PM and 3.30 PM as per the revised guidelines on term repo auctions issued on February 13, 2014,” RBI said in a press release.
Successful offers will get the allotment at their respective offered rates. Offers at or above the repo rate will be rejected.
The reversal of the 3 day reverse repo will take place on September 15, 2014, it added.
