Result of the Overnight Variable Rate Repo (VRR) auction held on May 09, 2024 - RBI

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Published on May 09, 2024

Result of the Overnight Variable Rate Repo (VRR) auction held on May 09, 2024

Tenor	1-day
Notified Amount (in ₹ crore)	50,000
Total amount of bids received (in ₹ crore)	1,19,190
Amount allotted (in ₹ crore)	50,003
Cut off Rate (%)	6.61
Weighted Average Rate (%)	6.64
Partial Allotment Percentage of bids received at cut off rate (%)	9.84

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/272

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