Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on July 18, 2024 - RBI

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Published on July 18, 2024

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Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on July 18, 2024

Tenor	1-day
Notified Amount (in ₹ crore)	25,000
Total amount of offers received (in ₹ crore)	53,885
Amount accepted (in ₹ crore)	25,007
Cut off Rate (%)	6.48
Weighted Average Rate (%)	6.48
Partial Acceptance Percentage of offers received at cut off rate	94.81

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/717

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