Press Releases - ربی - Reserve Bank of India
Press Releases
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹18,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Date of AuctionSource SecuritiesAmount (FV) of Source Securities
(In ₹ crore)Destination Securities
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹18,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Date of AuctionSource SecuritiesAmount (FV) of Source Securities
(In ₹ crore)Destination Securities
The result of the auction of State Government Securities held on October 10, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2038GOA 2033GUJARAT 2028GUJARAT 2029* Notified Amount 4501001000500 Tenure 151056 Competitive Bids Received
(i) No.401610460
(ii) Amount26155526198.23682.5
Cut-off Yield (%)7.677.707.62-
Competitive Bids Accepted
(i) No.9714-
(ii) Amount416.80790.835910.823-
Partial Allotment Percentage of Competitive Bids
(i) Percentage30.458613.83580.2323-
(ii) No.(4 bids)(1 bid)(6 bids)-
Non-Competitive Bids Received
(i) No.77127
(ii) Amount33.1939.16589.17722.799
Non-Competitive Price (₹)100.26100.21100.090
Non-Competitive Bids Accepted
(i) No.7712-
(ii) Amount33.1939.16589.177-
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage----
(ii) No.----
Weighted Average Yield (%)7.64017.67027.5975-
Total Allotment Amount45010010000
PUNJAB 2036**SIKKIM 2033TAMILNADU 2053UTTAR PRADESH 2034
Notified Amount100040020002000
Tenure13103011
Competitive Bids Received
(i) No.852623140
(ii) Amount6466199780358494
Cut-off Yield (%)7.757.757.627.70
Competitive Bids Accepted
(i) No.2612248
(ii) Amount829371.4631987.5611800
Partial Allotment Percentage of Competitive Bids
(i) Percentage-4.731599.378160.6452
(ii) No.-(1 bid)(2 bids)(11 bids)
Non-Competitive Bids Received
(i) No.48317
(ii) Amount22.52228.53712.439288.902
Non-Competitive Price (₹)100.14100.30100.00100.18
Non-Competitive Bids Accepted
(i) No.48317
(ii) Amount22.52228.53712.439200
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage---69.2276
(ii) No.---(17 bids)
Weighted Average Yield (%)7.73307.70707.62007.6760
Total Allotment Amount851.52240020002000
The result of the auction of State Government Securities held on October 10, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2038GOA 2033GUJARAT 2028GUJARAT 2029* Notified Amount 4501001000500 Tenure 151056 Competitive Bids Received
(i) No.401610460
(ii) Amount26155526198.23682.5
Cut-off Yield (%)7.677.707.62-
Competitive Bids Accepted
(i) No.9714-
(ii) Amount416.80790.835910.823-
Partial Allotment Percentage of Competitive Bids
(i) Percentage30.458613.83580.2323-
(ii) No.(4 bids)(1 bid)(6 bids)-
Non-Competitive Bids Received
(i) No.77127
(ii) Amount33.1939.16589.17722.799
Non-Competitive Price (₹)100.26100.21100.090
Non-Competitive Bids Accepted
(i) No.7712-
(ii) Amount33.1939.16589.177-
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage----
(ii) No.----
Weighted Average Yield (%)7.64017.67027.5975-
Total Allotment Amount45010010000
PUNJAB 2036**SIKKIM 2033TAMILNADU 2053UTTAR PRADESH 2034
Notified Amount100040020002000
Tenure13103011
Competitive Bids Received
(i) No.852623140
(ii) Amount6466199780358494
Cut-off Yield (%)7.757.757.627.70
Competitive Bids Accepted
(i) No.2612248
(ii) Amount829371.4631987.5611800
Partial Allotment Percentage of Competitive Bids
(i) Percentage-4.731599.378160.6452
(ii) No.-(1 bid)(2 bids)(11 bids)
Non-Competitive Bids Received
(i) No.48317
(ii) Amount22.52228.53712.439288.902
Non-Competitive Price (₹)100.14100.30100.00100.18
Non-Competitive Bids Accepted
(i) No.48317
(ii) Amount22.52228.53712.439200
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage---69.2276
(ii) No.---(17 bids)
Weighted Average Yield (%)7.73307.70707.62007.6760
Total Allotment Amount851.52240020002000
Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.46 15 2 Assam 250 250 7.47 5 3 Bihar 2000 2000 7.49 8 4 Goa 100 100 7.49 10 5 Kerala 2000 2000 7.47 14 6 Mizoram 80 80 7.46 16 7 Uttar Pradesh 3000 3000 7.49 11 TOTAL 8,430 8,430 Ajit Prasad Director (Communications) Press Release: 2023-2024/789
Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.46 15 2 Assam 250 250 7.47 5 3 Bihar 2000 2000 7.49 8 4 Goa 100 100 7.49 10 5 Kerala 2000 2000 7.47 14 6 Mizoram 80 80 7.46 16 7 Uttar Pradesh 3000 3000 7.49 11 TOTAL 8,430 8,430 Ajit Prasad Director (Communications) Press Release: 2023-2024/789
Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹39,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 6.99% GS 2026 Apr 17, 2026 8,000 F.No.4(3)-B(W&M)/2023 dated August 28, 2023 September 01, 2023 (Friday) September 04, 2023 (Monday) 2 7.17% GS 2030 Apr 17, 2030 7,000 3 7.18% GS 2037 July 24, 2037
Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹39,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 6.99% GS 2026 Apr 17, 2026 8,000 F.No.4(3)-B(W&M)/2023 dated August 28, 2023 September 01, 2023 (Friday) September 04, 2023 (Monday) 2 7.17% GS 2030 Apr 17, 2030 7,000 3 7.18% GS 2037 July 24, 2037
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹10,250 Crore (Face Value).
Sr. No. State Amount to be raised
(₹ Cr) Additional Borrowing (Greenshoe) Option
(₹ Cr) Tenure
(Year) Type of Auction
1 Andhra Pradesh 450 - 15 Yield
2 Goa 100 - 10 Yield
3 Gujarat 1000 - 5 Yield
500 - 6 Yield
4 Punjab 1000 - 13 Yield
5 Sikkim 400 - 10 Yield
6 Tamil Nadu 2000 - 30 Yield
7 Uttar Pradesh 2000 - 11 Yield
2000 - 12 Yield
8 Uttarakhand 800 - 10 Yield
TOTAL 10,250
The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The Government Stock up to Ten per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions, subject to a maximum limit of One per cent of its notified amount for a single bid per stock as per the ‘Scheme for Non-competitive Bidding Facility’. Individual investors can also place bids as per the non-competitive scheme through the Retail Direct portal (https://rbiretaildirect.org.in).
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The competitive bids should be submitted between 10:30 A.M. and 11:30 A.M. and non-competitive bids should be submitted between 10:30 A.M. and 11:00 A.M.
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹10,250 Crore (Face Value).
Sr. No. State Amount to be raised
(₹ Cr) Additional Borrowing (Greenshoe) Option
(₹ Cr) Tenure
(Year) Type of Auction
1 Andhra Pradesh 450 - 15 Yield
2 Goa 100 - 10 Yield
3 Gujarat 1000 - 5 Yield
500 - 6 Yield
4 Punjab 1000 - 13 Yield
5 Sikkim 400 - 10 Yield
6 Tamil Nadu 2000 - 30 Yield
7 Uttar Pradesh 2000 - 11 Yield
2000 - 12 Yield
8 Uttarakhand 800 - 10 Yield
TOTAL 10,250
The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The Government Stock up to Ten per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions, subject to a maximum limit of One per cent of its notified amount for a single bid per stock as per the ‘Scheme for Non-competitive Bidding Facility’. Individual investors can also place bids as per the non-competitive scheme through the Retail Direct portal (https://rbiretaildirect.org.in).
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The competitive bids should be submitted between 10:30 A.M. and 11:30 A.M. and non-competitive bids should be submitted between 10:30 A.M. and 11:00 A.M.
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (in ₹ Crore) Auction Date Settlement Date 1 91 Days 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
Auction Results7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore II.Underwriting Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore III.Competitive Bids Received (i) Number112187187 (ii) Amount₹15430 Crore₹28368.375 Crore₹23353.760 Crore IV.Cut-off price / Yield98.7698.8096.78 (YTM: 7.3886%)(YTM: 7.3514%)(YTM: 7.5726%) V.Competitive Bids Accepted (i) Number3883107 (ii) Amount₹6989.317 Crore₹12964.062 Crore₹9980.364 Crore
VI.Partial Allotment Percentage of Competitive Bids78.58%67.10%64.81%
(2 Bids)(11 Bids)(2 Bids)
VII.Weighted Average Price/Yield98.7698.8097.02
(WAY: 7.3886%)(WAY: 7.3514%)(WAY: 7.5517%)
VIII.Non-Competitive Bids Received
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
IX.Non-Competitive Bids Accepted
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
(iii) Partial Allotment Percentage---
X.Amount of Underwriting accepted from primary dealers₹7000 Crore₹13000 Crore₹10000 Crore
XI.Devolvement on Primary DealersNILNILNIL
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1057
Auction Results7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore II.Underwriting Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore III.Competitive Bids Received (i) Number112187187 (ii) Amount₹15430 Crore₹28368.375 Crore₹23353.760 Crore IV.Cut-off price / Yield98.7698.8096.78 (YTM: 7.3886%)(YTM: 7.3514%)(YTM: 7.5726%) V.Competitive Bids Accepted (i) Number3883107 (ii) Amount₹6989.317 Crore₹12964.062 Crore₹9980.364 Crore
VI.Partial Allotment Percentage of Competitive Bids78.58%67.10%64.81%
(2 Bids)(11 Bids)(2 Bids)
VII.Weighted Average Price/Yield98.7698.8097.02
(WAY: 7.3886%)(WAY: 7.3514%)(WAY: 7.5517%)
VIII.Non-Competitive Bids Received
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
IX.Non-Competitive Bids Accepted
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
(iii) Partial Allotment Percentage---
X.Amount of Underwriting accepted from primary dealers₹7000 Crore₹13000 Crore₹10000 Crore
XI.Devolvement on Primary DealersNILNILNIL
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1057
7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7,000 crore₹13,000 crore₹10,000 crore II.Cut off Price / Implicit Yield at cutoff 98.76/7.3886%98.80/7.3514%96.78/7.5726% III.Amount accepted in the auction₹7,000 crore₹13,000 crore₹10,000 crore IV.Devolvement on Primary DealersNILNILNIL Ajit Prasad Director (Communications)
Press Release: 2023-2024/1056
7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7,000 crore₹13,000 crore₹10,000 crore II.Cut off Price / Implicit Yield at cutoff 98.76/7.3886%98.80/7.3514%96.78/7.5726% III.Amount accepted in the auction₹7,000 crore₹13,000 crore₹10,000 crore IV.Devolvement on Primary DealersNILNILNIL Ajit Prasad Director (Communications)
Press Release: 2023-2024/1056
In the underwriting auctions conducted on October 06, 2023 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
(₹ crore)
Nomenclature of the SecurityNotified AmountMinimum Underwriting Commitment (MUC) AmountAdditional Competitive Underwriting Amount AcceptedTotal Amount underwrittenACU Commission Cut-off rate
(paise per ₹100)
7.06% GS 20287,0003,5073,4937,0002.70
7.18% GS 203313,0006,5106,49013,0005.00
7.30% GS 205310,0005,0194,98110,0006.27
Auction for the sale of securities will be held on October 06, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1054
In the underwriting auctions conducted on October 06, 2023 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
(₹ crore)
Nomenclature of the SecurityNotified AmountMinimum Underwriting Commitment (MUC) AmountAdditional Competitive Underwriting Amount AcceptedTotal Amount underwrittenACU Commission Cut-off rate
(paise per ₹100)
7.06% GS 20287,0003,5073,4937,0002.70
7.18% GS 203313,0006,5106,49013,0005.00
7.30% GS 205310,0005,0194,98110,0006.27
Auction for the sale of securities will be held on October 06, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1054
تم آخر تحديث للصفحة في: أغسطس 26, 2024