7.17% GS 20307.18% GS 20377.25% GS 2063 I.Notified Amount ₹12,000 crore ₹10,000 crore ₹1 2,000 crore II.Cut off Price / Implicit Yield at cut-off98.85/7.3959%97.73/7.4444%96.36/7.5387%

III.Amount accepted in the auction₹12,000 crore₹10,000 crore₹12,000 crore

IV.Devolvement on Primary DealersNILNILNIL

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/1103

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,882 Crore (Face Value).

In the underwriting auctions conducted on October 13, 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:

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 13, 2023.

As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

(₹ crore)

SecurityNotified AmountMinimum Underwriting Commitment (MUC) amount per PDMinimum bidding commitment per PD under ACU auction

7.17% GS 203012,000286286

7.18% GS 203710,000239239

7.25% GS 206312,000286286

The underwriting auction will be conducted through multiple price-based method on October 13, 2023 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09.00 A.M. and 09.30 A.M. on the day of underwriting auction.

The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

Auction Results 91 Days 182 Days 364 Days I.Notified Amount ₹10000 Crore ₹8000 Crore ₹6000 Crore II.Competitive Bids Received (i) Number 241173176 (ii) Amount ₹47506.755 Crore ₹21528.5 Crore ₹20035 Crore III.Cut-off price / Yield 98.321596.604393.4225 (YTM: 6.8474%)(YTM: 7.0494%)(YTM: 7.0599%) IV.Competitive Bids Accepted

I.T-Bill91 days182 days364 days II.Total Face Value Notified ₹7,000 Crore ₹8,000 Crore ₹9,000 Crore III.Cut-off Price and Implicit Yield at Cut-Off Price98.3125 (YTM: 6.8847%)96.5678 (YTM: 7.1279%)93.3485 (YTM: 7.1450%)

IV.Total Face Value Accepted₹7,000 Crore₹8,000 Crore₹9,000 Crore

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/1085

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

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