On October 28, 2025, the Reserve Bank of India (RBI) released the results of the Overnight Variable Rate Repo (VRR) auction. The tenor was 1-day, the notified amount was ₹1,50,000 crore, the total amount of bids received was ₹1,25,521 crore, and the amount allotted was ₹1,25,521 crore. The cut-off rate and the weighted average rate were both 5.51%. Partial Allotment Percentage of bids received at cut off rate was not applicable. Contact Ajit Prasad, Deputy General Manager (Communications). Phone: 022 - 2266 0502. RBI website: www.rbi.org.in. Press Release: 2025-2026/1397.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used for liquidity management, specifically mentioned in the context of an auction.
Reserve Bank of India: The central bank of India, conducting the VRR auction.
Mumbai: Location of the Department of Communication of RBI, where the press release originated.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
October 28, 2025
Result of the Overnight Variable Rate Repo (VRR) auction held on October 28, 2025
Tenor 1-day
Notified Amount (in ₹ crore) 1,50,000
Total amount of bids received (in ₹ crore) 1,25,521
Amount allotted (in ₹ crore) 1,25,521
Cut off Rate (%) 5.51
Weighted Average Rate (%) 5.51
Partial Allotment Percentage of bids received at cut off rate (%) NA
Ajit Prasad
Press Release: 2025-2026/1397 Deputy General Manager
(Communications)