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BRIEF-India cenbank sets 6.10 pct cut-off at overnight variable rate reverse repo auction
April 6, 2017 / 9:35 AM / 7 months ago

BRIEF-India cenbank sets 6.10 pct cut-off at overnight variable rate reverse repo auction

April 6 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.10 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.04 percent at overnight variable rate reverse repo auction

* India cenbank: allots 450.06 billion rupees at overnight variable rate reverse repo auction; gets bids worth 694.40 billion rupees

* India cenbank: makes partial allotment of 25.13 percent at cut-off rate at overnight variable rate reverse repo auction Source text: bit.ly/2nNmvcm

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