Liquidity Adjustment Facility : Auction Results

Published on Oct 24, 2003

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The results of the RBI repos/reverse repo auctions held on October 24, 2003 are :

Items

Repo Auction (Sale of securities by RBI)

Reverse Repo Auction
(Purchase of securities by RBI)

1. Applications received for
three day repo period:
(i) Number
(ii) Amount
(Face value in Rs. crore)



18
5880



Nil
N.A.

2. Applications accepted for
three day repo period:
(i) Number
(ii) Amount
(Face Value in Rs.crore)
(iii) Cut-off Rate (per cent)



18
5880

4.5



N.A.
N.A.

N.A.

3. Weighted average Cut-off Rate (per cent)

4.5

N.A.

P.V. Sadanandan
Manager

Press Release : 2003-2004/546