Reserve Bank of India Announces Results of 3-Day VRR Auction
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The Reserve Bank of India (RBI) announced on October 23, 2026, the results of the 3-day variable rate repo (VRR) auction held on the same day. According to the announcement, the notified amount for the operation was ₹50,000 crore. It received bids totaling ₹1,06,949 crore, and the final allotment amount was ₹50,003 crore. The rate results showed a cut-off rate of 5.58% and a weighted average rate of 5.60%. Among bids submitted at the cut-off rate, the partial allotment ratio was 30.99%. The announcement disclosed the notified amount, bid amount, allotment results, and related rate data for this 3-day VRR auction.
AI-written from reports · updated 6 hours ago
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- Reserve Bank of India — Press releasesReserve Bank of India announces results of 3-day variable rate repo auction held on October 23, 2026
Reserve Bank of India announced the results of the 3-day variable rate repo (VRR) auction held on October 23, with a notified amount of ₹50,000 crore, total bids received of ₹1,06,949 crore, and an allotted amount of ₹50,003 crore. The cut-off rate was 5.58%, the weighted average rate was 5.60%, and the partial allotment ratio at the cut-off rate was 30.99%.
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