FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release

(154 kb)

Date : Dec 18, 2017

Result of the Overnight Variable Rate Repo Auction held on December 18, 2017

Tenor	Overnight
Notified Amount (in ₹ billion)	300.00
Total amount of bids received (in ₹ billion)	611.75
Amount allotted (in ₹ billion)	300.04
Cut off Rate (%)	6.05
Weighted Average Rate (%)	6.08
Partial Allotment Percentage of bids received at cut off rate	15.87