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  • Liquidity Adjustment Facility Auction Result

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    The Reserve Bank of India held a reverse repo auction on December 05, 2014 where they sold securities worth Rs. 21.66 billion to absorb liquidity from the banking system. They received 11 bids totaling Rs. 21.66 billion and accepted all 11 bids for the full amount. This auction helped reduce extra liquidity in the market and maintained interest rates at the fixed rate of 7.00%.

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    The result of the RBI Reverse Repo auction held on December 05, 2014 (evening)

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    The Reserve Bank of India held a reverse repo auction on December 05, 2014 where they sold securities worth Rs. 21.66 billion to absorb liquidity from the banking system. They received 11 bids totaling Rs. 21.66 billion and accepted all 11 bids for the full amount. This auction helped reduce extra liquidity in the market and maintained interest rates at the fixed rate of 7.00%.

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    10 views1 page

    Liquidity Adjustment Facility Auction Result

    Uploaded by

    deepu.srivas
    The Reserve Bank of India held a reverse repo auction on December 05, 2014 where they sold securities worth Rs. 21.66 billion to absorb liquidity from the banking system. They received 11 bids totaling Rs. 21.66 billion and accepted all 11 bids for the full amount. This auction helped reduce extra liquidity in the market and maintained interest rates at the fixed rate of 7.00%.

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    PRESSRELEASE

    RESERVEBANKOFINDIA
    :www.rbi.org.in/hindi
    Website:www.rbi.org.in
    email: helpdoc@rbi.org.in

    , ,...,400001
    ________________________________________________________________________________________________________

    DEPARTMENTOFCOMMUNICATION,CentralOffice,S.B.S.Marg,Mumbai400001
    /Phone:9122 22660502 /Fax:9122 22660358

    December 08, 2014


    Liquidity Adjustment Facility : Auction Result
    The result of the RBI Reverse Repo auction held on December 05, 2014
    (evening) is as under:
    Item

    Amount (face value in ` Billion)


    3 days Reverse Repo Auction
    (Sale of Securities by RBI)
    7.00% Fixed Rate

    1. Bids received
    (i) Number

    11

    (ii) Amount

    21.66

    2. Bids accepted
    (i) Number

    11

    (ii) Amount

    21.66

    Press Release : 2014-2015/1170

    Ajit Prasad
    Assistant General Manager

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