Result of the Overnight Variable Rate Repo (VRR) auction held on February 29, 2024 - RBI

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Published on February 29, 2024

Result of the Overnight Variable Rate Repo (VRR) auction held on February 29, 2024

Tenor	1-day
Notified Amount (in ₹ crore)	25,000
Total amount of bids received (in ₹ crore)	43,210
Amount allotted (in ₹ crore)	25,002
Cut off Rate (%)	6.64
Weighted Average Rate (%)	6.66
Partial Allotment Percentage of bids received at cut off rate (%)	43.71

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1965

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