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BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction
July 12, 2017 / 7:20 AM / 2 months ago

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

July 12 (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 104.95 billion rupees at 14-day variable rate reverse repo auction; gets bids worth 100.05 billion rupees

* India cenbank: makes partial allotment of 95.29 percent at cut-off rate at 14-day variable rate reverse repo auction Source text - (bit.ly/2uQdxiq)

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