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Finance & Markets

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 31, 2026

Tenor 1-day Notified Amount (in ₹ crore) 4,00,000 Total amount of offers received (in ₹ crore) 2,49,840 Amount accepted (in ₹ crore) 2,49,840 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: 2026-2027/995

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Japan's Long-Term Yield Briefly Hits 2.95%, Highest in About 30 Years

Japan's benchmark long-term interest rate briefly climbed to 2.95% on August 31, its highest level in about 30 years, as investors sold government bonds on expectations of further Bank of Japan rate…

  • Japan's long-term yield briefly hit 2.95%, highest in ~30 years
  • Investors sold bonds anticipating Bank of Japan rate hikes
  • Global factors, including U.S. rate expectations, contributed to rise

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