Result of the 5-day Variable Rate Repo (VRR) auction held on March 21, 2024 - RBI

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Published on March 21, 2024

Result of the 5-day Variable Rate Repo (VRR) auction held on March 21, 2024

Tenor	5-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	71,252
Amount allotted (in ₹ crore)	50,001
Cut off Rate (%)	6.65
Weighted Average Rate (%)	6.67
Partial Allotment Percentage of bids received at cut off rate (%)	94.53

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/2081

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