Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on February 07, 2024 - RBI

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Published on February 07, 2024

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Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on February 07, 2024

Tenor	1-day
Notified Amount (in ₹ crore)	50,000
Total amount of offers received (in ₹ crore)	96,093
Amount accepted (in ₹ crore)	50,019
Cut off Rate (%)	6.49
Weighted Average Rate (%)	6.49
Partial Acceptance Percentage of offers received at cut off rate	44.29

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1817

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