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BRIEF-India cenbank sets cut-off rate of 6.20 pct at overnight variable rate reverse repo auction
April 5, 2017 / 9:38 AM / 5 months ago

BRIEF-India cenbank sets cut-off rate of 6.20 pct at overnight variable rate reverse repo auction

April 5 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.20 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.07 percent at overnight variable rate reverse repo auction

* India cenbank: allots 700.02 billion rupees at overnight variable rate reverse repo auction ; gets bids worth 958.10 billion rupees

* India cenbank: makes partial allotment of 73.97 percent at cut-off rate at overnight variable rate reverse repo auction Source text: (bit.ly/2oZEAE4)

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