May 29, 2026
Result of the 3‑day Variable Rate Repo (VRR) auction held on May 29, 2026
Relevant Extracted Data –
Auction results of Government/State Securities
- Notified Amount: ₹1,00,000 crore
- Total amount of bids received: ₹94,596 crore
- Amount allotted: ₹94,596 crore
- Cut‑off Rate: 5.26%
- Weighted Average Rate: 5.26%
- Partial Allotment Percentage at cut‑off rate: NA
Money market operations
- The RBI conducted a 3‑day Variable Rate Repo (VRR) auction.
- Full subscription achieved; bids matched the notified amount.
- Repo rate for the 3‑day tenor set at 5.26%.
Liquidity impact
- The auction injected ₹94,596 crore of short‑term liquidity into the market, influencing borrowing costs and potentially affecting equity market sentiment.