Result of the 3-day Variable Rate Repo (VRR) auction held on May 24, 2024 - RBI

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Published on May 24, 2024

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Result of the 3-day Variable Rate Repo (VRR) auction held on May 24, 2024

Tenor	3-day
Notified Amount (in ₹ crore)	1,25,000
Total amount of bids received (in ₹ crore)	1,39,365
Amount allotted (in ₹ crore)	1,25,008
Cut off Rate (%)	6.51
Weighted Average Rate (%)	6.56
Partial Allotment Percentage of bids received at cut off rate (%)	21.51

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/365

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