Result of the 14-day Variable Rate Repo (VRR) auction held on May 17, 2024 - RBI

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Published on May 17, 2024

Result of the 14-day Variable Rate Repo (VRR) auction held on May 17, 2024

Tenor	14-day
Notified Amount (in ₹ crore)	1,25,000
Total amount of bids received (in ₹ crore)	1,95,115
Amount allotted (in ₹ crore)	1,25,009
Cut off Rate (%)	6.65
Weighted Average Rate (%)	6.68
Partial Allotment Percentage of bids received at cut off rate (%)	61.43

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/320

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