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:
Further, as announced on March 19, 2015, Standalone Primary Dealers will be eligible to participate in the (i) 17 day term repo auction for a notified amount of ` 21,000 crore to be conducted between 9.30 am and 10.00 am (ii) 13 day term repo auction for a notified amount of ` 15,000 crore to be conducted between 11.00 am and 11.30 am, on March 31, 2015.
Sl.No. | Date of Auction | Notified Amount (` Crore) | Tenor (days) | Date of Reversal |
1 | March 31, 2015 (Tuesday) | 21,000 | 17 | April 17, 2015 (Friday) |
2 | April 7, 2015 (Tuesday) | 15,500 | 14 | April 21, 2015 (Tuesday) |
3 | April 10, 2015 (Friday) | 15,500 | 14 | April 24, 2015 (Friday) |
4 | April 13, 2015 (Monday) | 15,000 | 15 | April 28, 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 : 2014-2015/2057
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