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BRIEF-India cenbank sets 6.23 pct cut-off at 3-day variable rate reverse repo auction
December 13, 2016 / 11:43 AM / 9 months ago

BRIEF-India cenbank sets 6.23 pct cut-off at 3-day variable rate reverse repo auction

Dec 13 (Reuters) - Reserve Bank of India:

* Allots 600.06 billion rupees at 3-day variable rate repo auction versus 600 billion rupees notified

* Weighted average rate at 6.22 percent at 3-day variable rate repo auction

* Sets cut-off rate of 6.23 percent at 3-day variable rate repo auction

* Makes partial allotment of 78.96 percent at cut-off rate at 3-day variable rate repo auction Source text: bit.ly/2hogxyu

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