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BRIEF-India cenbank sets 6.23 pct cut-off at 2-day variable rate reverse repo auction
December 14, 2016 / 8:56 AM / 9 months ago

BRIEF-India cenbank sets 6.23 pct cut-off at 2-day variable rate reverse repo auction

Dec 14 (Reuters) - Reserve Bank of India:

* Weighted average rate at 6.23 percent at 2-day variable rate reverse repo auction

* Allots 0.04 billion rupees at 2-day variable rate reverse repo auction versus 500 billion rupees notified

* Sets cut-off rate of 6.23 percent at 2-day variable rate reverse repo auction Source text: bit.ly/2hubKsL

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