Result of the Overnight Variable Rate Repo (VRR) auction held on May 08, 2024 - RBI

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Published on May 08, 2024

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Result of the Overnight Variable Rate Repo (VRR) auction held on May 08, 2024

Tenor	1-day
Notified Amount (in ₹ crore)	25,000
Total amount of bids received (in ₹ crore)	66,050
Amount allotted (in ₹ crore)	25,005
Cut off Rate (%)	6.60
Weighted Average Rate (%)	6.62
Partial Allotment Percentage of bids received at cut off rate (%)	59.09

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/265

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