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BRIEF-India cenbank sets 6.23 pct cut-off at overnight variable rate reverse repo auction
March 15, 2017 / 5:05 AM / 9 months ago

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

March 15 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.23 percent at overnight variable rate reverse repo auction

* India cenbank: weighted average rate at 6.22 percent at overnight variable rate reverse repo auction

* India cenbank: allots 600.06 billion rupees at overnight variable rate reverse repo auction; gets bids worth 1352.60 billion rupees

* India cenbank: makes partial allotment of 55.49 percent at cut-off rate at overnight variable rate reverse repo auction Source text - (bit.ly/2nDb8mE)

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