Tuesday, 16 September 2014

Reverse Repo


RBI COUNTER
* DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and for reverse repo between 1900 IST and 1930 IST.

* T-BILL AUCTIONS: RBI to hold auctions of 70 bln rupees of 91-day T-bills, and 50 bln rupees of 364-day T-bills.
  + 91-DAY: Yield seen at 8.60-8.64% vs 8.60% a week ago.

  + 364-DAY: Yield seen at 8.63-8.68% vs 8.66% a fortnight ago.

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