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BRIEF-India cenbank sets 5.99 pct cut-off rate at 6-day variable rate reverse repo auction
August 10, 2017 / 10:30 AM / a month ago

BRIEF-India cenbank sets 5.99 pct cut-off rate at 6-day variable rate reverse repo auction

Aug 10 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 5.99 percent at 6-day variable rate reverse repo auction

* India cenbank: weighted average rate at 5.99 percent at 6-day variable rate reverse repo auction

* India cenbank: allots 200.05 billion rupees at 6-day variable rate reverse repo auction; gets bids worth 311.13 billion rupees

* India cenbank: makes partial allotment of 55.96 percent at cut-off rate at 6-day variable rate reverse repo auction

Source text - bit.ly/2fuR4UM

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