Result of the 7-day Variable Rate Repo auction held on December 22, 2023 - RBI

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Published on December 22, 2023

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Result of the 7-day Variable Rate Repo auction held on December 22, 2023

Tenor	7-day
Notified Amount (in ₹ crore)	1,75,000
Total amount of bids received (in ₹ crore)	4,25,154
Amount allotted (in ₹ crore)	1,75,013
Cut off Rate (%)	6.68
Weighted Average Rate (%)	6.70
Partial Allotment Percentage of bids received at cut off rate (%)	52.46

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1524

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