RBI - Reserve Bank of India

02/29/2024 | Press release | Distributed by Public on 02/29/2024 00:37

Result of the Overnight Variable Rate Repo (VRR) auction held on February 29, 2024

Tenor 1-day
Notified Amount (in ₹ crore) 25,000
Total amount of bids received (in ₹ crore) 43,210
Amount allotted (in ₹ crore) 25,002
Cut off Rate (%) 6.64
Weighted Average Rate (%) 6.66
Partial Allotment Percentage of bids received at cut off rate (%) 43.71

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1965