Date : 08 Jan 2015 Term Repo Auctions under Liquidity Adjustment Facility

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 (Rs.Crore) Tenor (days) Date of Reversal
1 January 9, 2015 (Friday) 18,500 14 January 23, 2015
2 January 13, 2015 (Tuesday) 15,500 14 January 27, 2015
3 January 16, 2015 (Friday) 15,500 14 January 30, 2015
4 January 20, 2015 (Tuesday) 15,000 14 February 3, 2015

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 : 2014-2015/1433

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