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BRIEF-India cenbank sets 5.99 pct cut-off rate at 7-day variable rate reverse repo auction
August 28, 2017 / 10:36 AM / 3 months ago

BRIEF-India cenbank sets 5.99 pct cut-off rate at 7-day variable rate reverse repo auction

Aug 28 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 5.99 percent at 7-day variable rate reverse repo auction

* India cenbank: weighted average rate at 5.98 percent at 7-day variable rate reverse repo auction

* India cenbank: allots 200.07 billion rupees at 7-day variable rate reverse repo auction; gets bids worth 319.97 billion rupees

* India cenbank: makes partial allotment of 45.24 percent at cut-off rate at 7-day variable rate reverse repo auction

Source text - bit.ly/2whCPXz

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