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BRIEF-India cenbank sets 5.99 pct cut-off rate at 6-day variable rate reverse repo auction
August 18, 2017 / 10:21 AM / in 4 months

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

Aug 18 (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 5.97 percent at 6-day variable rate reverse repo auction

* India cenbank: allots 264.70 billion rupees at 6-day variable rate reverse repo auction; gets bids worth 264.70 billion rupees Source text: (bit.ly/2w8EwZQ)

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