The results of the RBI repos/reverse repo auctions held on August 29, 2003 are :
Items | Repo Auction (Sale of securities by RBI) | Reverse Repo Auction |
1. Applications received for |
|
|
2. Applications accepted for |
|
|
3. Weighted average Cut-off Rate (per cent) | 4.5 | N.A. |
P.V. Sadanandan
Manager
Press Release : 2003-2004/285