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BRIEF-India cenbank sets 6.00 pct cut-off at 3-day variable rate reverse repo auction
March 24, 2017 / 11:30 AM / in 7 months

BRIEF-India cenbank sets 6.00 pct cut-off at 3-day variable rate reverse repo auction

March 24 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.00 percent at 3 day variable rate reverse repo auction

* India cenbank: weighted average rate at 5.98 percent at 3 day variable rate reverse repo auction

* India cenbank: allots 500.14 billion rupees at 3 day variable rate reverse repo auction; gets bids worth 647.47 billion rupees

* India cenbank: makes partial allotment of 49.34 percent at cut-off rate at 3 day variable rate reverse repo auction Source text: bit.ly/2nYCXHg

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