The Reserve Bank of India's 3-day Variable Rate Reverse Repo auction on August 11 attracted ₹42,560 crore in offers, with a cutoff rate of 5.24%. The total accepted amount matched the received bids.
Result of VRRR Auction
The Reserve Bank of India has released the results of the 3-day Variable Rate Reverse Repo auction held on August 11, 2026, wherein a notified amount of ₹1,25,000 crore was made available. The total offers received were ₹42,560 crore, and the entire amount accepted matched these offers.
The cutoff rate for this auction was established at 5.24%, reflecting the weighted average rate also at 5.24%. The auction's partial acceptance rate at this cutoff was not applicable, meaning all offers were accepted without reduction.
This successful auction indicates a demand for liquidity in the market, which may inform future monetary policy decisions by the RBI. Market operators and financial professionals should analyze these trends for implications on interest rates and investment strategies.
Citations
- RBI Press Release (2026) RBI