Notification/Circular No.: Press Release: 2026-2027/1011, dated September 01, 2026
Applicable Act/Rule: Not specified
Applicable Section/Rule: Not specified
Effective Period: Not specified
The Reserve Bank of India has released the result of the Overnight Variable Rate Reverse Repo (VRRR) auction conducted on September 01, 2026, disclosing the tenor, notified amount, offers received, and accepted amount for the auction.
The auction had a tenor of 1 day, with a notified amount of ₹4,00,000 crore. Total offers received amounted to ₹2,59,846 crore, and the full amount of ₹2,59,846 crore was accepted by the Reserve Bank of India. The cut-off rate for the auction was fixed at 5.24%, matching the weighted average rate, which was also 5.24%.
The document indicates that the partial acceptance percentage of offers received at the cut-off rate was "N.A.", implying that no partial acceptance was applied for this auction. No further obligations, thresholds, or compliance deadlines for regulated entities are specified in this press release; it serves as a factual disclosure of the auction outcome.
The release was issued by Ajit Prasad, Deputy General Manager (Communications), Reserve Bank of India.
Link: https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx
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