Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on November 12, 2026
Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 58,149 Amount accepted (in ₹ crore) 50,012 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.47 Partial Acceptance Percentage of offers received at cut off rate 59.56 Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/1484
The Government of India is set to sell (re-issue) a Government Security worth ₹34,000 crore through an auction on November 13, 2026. The sale will be conducted under the existing scheme of underwriting commitment, with a Minimum Underwriting Commitment (MUC) and a minimum bidding commitment under Additional Competitive Underwriting (ACU) auction of ₹810 crore per Primary Dealer (PD).
The underwriting auction will be carried out using a multiple price-based method, and PDs can submit their bids electronically via the Reserve Bank of India’s Core Banking Solution (e-Kuber system) between 09:00 A.M. and 09:30 A.M. on the day of the auction. The underwriting commission will be credited to the PDs' current account with RBI on the day of issue.
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.
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