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BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction
June 14, 2017 / 7:47 AM / in 5 months

BRIEF-India cenbank sets 6.24 pct cut-off rate at 14-day variable rate reverse repo auction

June 14 (Reuters) - Reserve Bank of India:

* India central bank sets cut-off rate of 6.24 percent at 14-day variable rate reverse repo auction

* India cenbank: weighted average rate at 6.24 percent at 14-day variable rate reverse repo auction

* India cenbank: allots 100.03 billion rupees at 14-day variable rate reverse repo auction; gets bids worth 130.25 billion rupees

* India cenbank: makes partial allotment of 72.75 percent at cut-off rate at 14-day variable rate reverse repo auction

Source text - bit.ly/2s97AMi

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