Result of the 14-day Variable Rate Repo (VRR) auction held on May 31, 2024 - RBI

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Published on May 31, 2024

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Result of the 14-day Variable Rate Repo (VRR) auction held on May 31, 2024

Tenor	14-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	1,13,915
Amount allotted (in ₹ crore)	50,004
Cut off Rate (%)	6.59
Weighted Average Rate (%)	6.63
Partial Allotment Percentage of bids received at cut off rate (%)	39.19

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/410

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