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BRIEF-India cenbank sets 6.13 pct cut-off at overnight variable rate reverse repo auction
July 3, 2017 / 11:27 AM / 2 months ago

BRIEF-India cenbank sets 6.13 pct cut-off at overnight variable rate reverse repo auction

July 3 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.13 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.11 percent at overnight variable rate reverse repo auction

* India cenbank: allots 200.04 billion rupees at overnight variable rate reverse repo auction; gets bids worth 511.58 billion rupees

* India cenbank: makes partial allotment of 92.61 percent at cut-off rate at overnight variable rate reverse repo auction Source text: bit.ly/2syaygZ

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