RBI injects Rs 122.90 bn via repo auction

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N.Sukumar

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Jun 13, 2008, 4:49:09 AM6/13/08
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The Reserve Bank of India (RBI) injected Rs 122.90 billion in the 3-
day repo auction held on Jun. 13, 2008.

At the auction conducted under the liquidity adjustment facility, the
central bank received 14 bids for the 3-day repo, which were all
accepted.

On the previous working day, i.e. Jun. 12, 2008, RBI absorbed Rs
200.30 billion in the 1-day repo auction via 17 bids.

These repos were traded at a fixed rate of 8.00%.

N.Sukumar
Research Analyst
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