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5 months ago
BRIEF-India cenbank sets 6.21 pct cut-off at overnight variable rate reverse repo auction
March 22, 2017 / 5:07 AM / 5 months ago

BRIEF-India cenbank sets 6.21 pct cut-off at overnight variable rate reverse repo auction

March 22 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.21 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.18 percent at overnight variable rate reverse repo auction

* India cenbank: allots 400.09 billion rupees at overnight variable rate reverse repo auction; gets bids worth 884.83 billion rupees

* India cenbank: makes partial allotment of 49.21 percent at cut-off rate at overnight variable rate reverse repo auction Source text: bit.ly/2nI7yfd

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