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BRIEF-India cenbank sets 6.23 pct cut-off rate at 7-day variable rate reverse repo auction
June 13, 2017 / 9:30 AM / in 4 months

BRIEF-India cenbank sets 6.23 pct cut-off rate at 7-day variable rate reverse repo auction

June 13 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.23 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.22 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 100.05 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 141.50 billion rupees

* India cenbank: makes partial allotment of 20.92 percent at cut-off rate at 7-day variable rate reverse repo auction

Source text - bit.ly/2rlRqSD

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