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3 months ago
BRIEF-India cenbank sets 6.24 pct cut-off at 28-day variable rate reverse repo auction
May 31, 2017 / 5:48 AM / 3 months ago

BRIEF-India cenbank sets 6.24 pct cut-off at 28-day variable rate reverse repo auction

May 31 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 28-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 28-day variable rate reverse repo auction

* India cenbank: allots 100.05 billion rupees at 28-day variable rate reverse repo auction ; gets bids worth 128.00 billion rupees

* India cenbank: makes partial allotment of 78.13% percent at cut-off rate at 28-day variable rate reverse repo auction Source text - (bit.ly/2skBvjN)

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