Thursday, 4 September 2014

RBI to auction 20 bln rupees


POLITICAL DIARY
* Agriculture Minister Singh to address Dairy Vision 2025 Opportunities and the Way Forward1200 IST, New Delhi.
* Australian Prime Minister to meet Prime Minister Modi and sign bilateral agreements. 1830 IST, New Delhi.

From INDIA
> KHARIF SOWING, BY AGRICULTURE MINISTRY, as on Sep 4.
> WMA AND FOREX RESERVES, BY RBI, as on Aug 29.

RBI COUNTER
* DAILY LAF TENDERS: One set of 3-day reverse repo (at 7.00%) and 3-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.
* GILT AUCTIONS: RBI to auction 20 bln rupees of 8.27%, 2020 bond, 60 bln rupees of 8.60%, 2028 bond, and 20 bln rupees each of the 9.20%, 2030 bond and 8.30%, 2042 bond.

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