Result of the third Variable Rate Repo (VRR) auction held on March 22, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a third Variable Rate Repo (VRR) auction on March 22, 2024, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 4 2:15 PM to 2:45 PM March 26, 2024 (Tuesday)  2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Tenor 4-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,32,080 Amount allotted (in ₹ crore) 50,005 Cut off Rate (%) 6.74 Weighted Average Rate (%) 6.74 Partial Allotment Percentage of bids received at cut off rate (%) 55.89  Ajit Prasad Director (Communications) Press Release: 2023-2024/2098

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on March 22, 2024, Friday, as under:

Tenor 14-day Notified Amount (in ₹ crore) 25,000 Total amount of bids received (in ₹ crore) 1,05,925 Amount allotted (in ₹ crore) 25,004 Cut off Rate (%) 6.72 Weighted Average Rate (%) 6.73 Partial Allotment Percentage of bids received at cut off rate (%) 30.37 Ajit Prasad Director (Communications) Press Release: 2023-2024/2096

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One  Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 509,212.84 6.73 5.00-7.10 I. Call Money 10,681.34 6.63 5.00-6.85

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on March 22, 2024, Friday, as under:   Sl. No.  Notified Amount (₹ crore)  Tenor (day)  Window Timing  Date of Reversal  1  25,000  14  10:30 AM to 11:00 AM  April 05, 2024  (Friday)   2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Result of the 5-day Variable Rate Repo (VRR) auction held on March 21, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on March 21, 2024, Thursday, as under:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 501,781.74 6.49 5.00-6.95 I. Call Money 12,124.25 6.48 5.00-6.78 II. Triparty Repo 309,961.15 6.49 6.25-6.95 III. Market Repo 178,838.34 6.47 5.50-6.88 IV. Repo in Corporate Bond 858.00 6.62 6.60-6.85 B. Term Segment I. Notice Money** 973.85 6.53 6.25-6.55