December 5, 2017 / 10:06 AM / 2 months ago

BRIEF-India Cenbank Sets 5.985 Pct Cut-Off At 7-Day Variable Rate Reverse Repo Auction

Dec 5 (Reuters) - Reserve Bank of India:

* INDIA CENTRAL BANK SETS CUT-OFF RATE OF 5.985 PERCENT AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: WEIGHTED AVERAGE RATE AT 5.97 PERCENT AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION

* INDIA CENBANK: ALLOTS 150.00 BILLION RUPEES AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION ; GETS BIDS WORTH 196.30 BILLION RUPEES

* INDIA CENBANK: MAKES PARTIAL ALLOTMENT OF 8.00 PERCENT AT CUT-OFF RATE AT 7-DAY VARIABLE RATE REVERSE REPO AUCTION Source text: bit.ly/2BIOktw

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