The results of the RBI repos/reverse repo auctions held on October 20, 2003 are :
Items | Repo Auction (Sale of securities by RBI) | Reverse Repo Auction (Purchase of securities by RBI) |
1. Applications received for one day repo period: (i) Number (ii) Amount (Face value in Rs. crore) |
25 8310
|
N.A. N.A.
|
2. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) (iv) Weighted average Cut-off Rate (per cent) |
25 8310
4.5 4.5
|
N.A. N.A.
N.A. N.A.
|
B. Fortnightly Repo | Repo Auction (Sale of securities by RBI) | Reverse Repo Auction (Purchase of securities by RBI) |
1. Applications received for 14 day repo period: (i) Number (ii) Amount |
1 25
|
N.A. N.A.
|
2. Applications accepted for 14 day repo period: (i) Number (ii) Amount (iii) Cut-off Rate (per cent) (iv) Weighted average Cut-off Rate (per cent) |
1 25 4.5 4.5
|
N.A. N.A. N.A. N.A.
|
P. V. Sadanandan
Manager
Press Release : 2003-2004/524