Result of the Overnight Variable Rate Repo Auction
RBI press-release 2026-2027/683 · 16 Jul 2026
Official title
Result of the Overnight Variable Rate Repo (VRR) auction held on July 16, 2026
RBI press-release 2026-2027/683 · 16 Jul 2026
Official title
Result of the Overnight Variable Rate Repo (VRR) auction held on July 16, 2026
Summary
Check the official recordThe Reserve Bank of India conducted an overnight Variable Rate Repo (VRR) auction on July 16, 2026. The auction had a notified amount of ₹75,000 crore. Market participants submitted total bids amounting to ₹18,425 crore, all of which were allotted. The cut-off rate and the weighted average rate for the auction were both 5.26%.
Key dates
Who is affected
Thresholds
July 16, 2026
Result of the Overnight Variable Rate Repo (VRR) auction held on July 16, 2026
| Tenor | 1-day |
| Notified Amount (in ₹ crore) | 75,000 |
| Total amount of bids received (in ₹ crore) | 18,425 |
| Amount allotted (in ₹ crore) | 18,425 |
| Cut off Rate (%) | 5.26 |
| Weighted Average Rate (%) | 5.26 |
| Partial Allotment Percentage of bids received at cut off rate (%) | NA |
Ajit Prasad Press Release: 2026-2027/683 Deputy General Manager (Communications)
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
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