Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on August 28, 2026
Tenor 3-day Notified Amount (in ₹ crore) 3,00,000 Total amount of offers received (in ₹ crore) 1,52,537 Amount accepted (in ₹ crore) 1,52,537 Cut off Rate (%) 5.24 Weighted Average Rate (%) 5.24 Partial Acceptance Percentage of offers received at cut off rate N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/981
The Reserve Bank of India (RBI) conducted an underwriting auction on August 28, 2026, for the Additional Competitive Underwriting (ACU) of the Government Security (GS) 2036. The auction aimed to determine the Minimum Underwriting Commitment (MUC) and Additional Competitive Underwriting Amount (ACUA) accepted. The MUC for the GS 2036 was set at ₹17,010 crore, while the ACUA was accepted at ₹16,990 crore, bringing the total amount underwritten to ₹34,000 crore.
The RBI announced a cut-off rate of 0.39 paise per ₹100 for underwriting commission payable to Primary Dealers. The auction for the sale of this security was scheduled to take place on the same day.
Brief written by urgent.news from Reserve Bank of India's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
