Result of the 3-day Variable Rate Repo (VRR) auction held on February 20, 2024 - RBI

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Published on February 20, 2024

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Result of the 3-day Variable Rate Repo (VRR) auction held on February 20, 2024

Tenor	3-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	68,640
Amount allotted (in ₹ crore)	50,003
Cut off Rate (%)	6.55
Weighted Average Rate (%)	6.60
Partial Allotment Percentage of bids received at cut off rate (%)	91.19

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1900

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