Result of the 4-day Variable Rate Repo (VRR) auction held on March 22, 2024 - RBI

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Published on March 22, 2024

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Result of the 4-day Variable Rate Repo (VRR) auction held on March 22, 2024

Tenor	4-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	1,32,080
Amount allotted (in ₹ crore)	50,005
Cut off Rate (%)	6.74
Weighted Average Rate (%)	6.74
Partial Allotment Percentage of bids received at cut off rate (%)	55.89

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/2098

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