The Reserve Bank of India (RBI) injected Rs 17 billion and absorbed Rs 15.30 billion via 4-days repo and reverse repo auctions respectively on Mar. 26, 2009.
At the auction conducted under the liquidity adjustment facility (LAF), apex bank received 1 bid and 3 bids for the 4-days repo and reverse repo auction respectively, which were all accepted. On the previous working day also, i.e., Mar. 25, 2009, RBI absorbed Rs 113 billion for the 1-day reverse repo auctions via 5 bids, which were accepted. However, repo auctions remained suspended for the day. The repos and reverse repos were traded at a fixed rate of 5% and 3.5% respectively. B.KARTHICK RESEARCH ANALYST WWW.KENCES1.BLOGSPOT.COM <http://www.kences1.blogspot.com/> --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
