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BRIEF-India cenbank sets 6.24 pct cut-off at 14 day variable rate reverse repo auction
February 20, 2017 / 6:10 AM / 7 months ago

BRIEF-India cenbank sets 6.24 pct cut-off at 14 day variable rate reverse repo auction

Feb 20 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 14 day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 14 day variable rate reverse repo auction

* India cenbank: allots 400.11 billion rupees at 14 day variable rate reverse repo auction; gets bids worth 456.50 billion rupees

* India cenbank: makes partial allotment of 84.71 percent at cut-off rate at 14 day variable rate reverse repo auction Source text: bit.ly/2llmcot

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