Thursday, 27 November 2014

UPDATE ON RBI COUNTER


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GOVT BEAT
* Minister for Road Transport, Highways & Shipping Gadkari to hold a review meeting on the status of progress of Mumbai-Goa Expressway project and the project under implementation in Maharashtra. 1430 IST, New Delhi.
* Press briefing on the highlights of CAG's audit reports scheduled to be tabled today. 1530 IST, New Delhi.

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 30 bln rupees of 8.27%, 2020 bond, 60 bln rupees of 8.40%, 2024 bond, 20 bln rupees of 9.20%, 2030, and 30 bln rupees  of new 30-year bond.
* TERM REPO: One set of 14-day variable rate term repo for 180 bln rupees. Bids may be submitted between 1100 and 1130 IST.

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