In the underwriting auctions conducted on February 16, 2024 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:

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of 30,200 Crore (Face Value).

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on February 16, 2024. 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:

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹10000 Crore ₹9000 Crore II. Competitive Bids Received (i) Number 92 110 140 (ii) Amount ₹ 19763.510 Crore ₹ 21849.604 Crore ₹ 35969.500 Crore

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹10,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 

The result of the auction of State Government Securities held on February 13, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2038 ANDHRA PRADESH 2039 ANDHRA PRADESH 2044 ASSAM 2031 Notified Amount 500 500 1000 500 Tenure 14 15 20 7 Competitive Bids Received   (i) No. 93 79 31 29 (ii) Amount 4375.2 3730.15 1955 2240 Cut-off Yield (%) 7.45 7.44 7.48 7.45

Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 500 500 7.45 14 500 500 7.44 15 1000 1000 7.48 20 2 Assam 500 500 7.45 7

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹30,000 crore as per the following details

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 8,000 February 14, 2024 (Wednesday) February 15, 2024 (Thursday) 2 182 Days 10,000 3 364 Days 9,000 Total 27,000

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,500 Crore (Face Value).

Auction Results 7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7000 Crore ₹16000 Crore ₹10000 Crore II. Underwriting Notified Amount ₹7000 Crore ₹16000 Crore ₹10000 Crore III. Competitive Bids Received   (i)  Number 95 172 238 (ii) Amount ₹ 12927.727 Crore ₹ 27439.800 Crore ₹ 25442.928 Crore IV. Cut-off price / Yield 101.19 100.57 101.99

In terms of Government of India Notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated December 08, 2023, the Sovereign Gold Bond Scheme 2023-24 - Series IV will be open for subscription duringFebruary 12–16, 2024.

In terms of Government of India Notification F. No. 4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19, Series VI - Issue date February 12, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable.  Accordingly, the next due date of premature redemption of the above tranche shall be February 12, 2024.

7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7,000 crore ₹16,000 crore ₹10,000 crore II. Cut off Price / Implicit Yield at cut-off 101.19/ 7.0640% 100.57/ 7.0964% 101.99/ 7.1361% III. Amount accepted in the auction ₹7,000 crore ₹16,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/1840  

In the underwriting auctions conducted on February 09, 2024 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 February 09, 2024. 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:

Auction Results  91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹10000 Crore ₹9000 Crore II.  Competitive Bids Received (i) Number 91 121 158 (ii) Amount ₹ 22368.160 Crore ₹ 25593.250 Crore ₹ 41519.750 Crore III. Cut-off price / Yield 98.2812 96.5575 93.3756 (YTM:7.0147%) (YTM:7.1501%) (YTM:7.1138%) IV.  Competitive Bids Accepted (i) Number 42 66 16

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹10,000 Crore ₹9,000 Crore  III. Cut-off Price and Implicit Yield at Cut-Off Price 98.2812 (YTM: 7.0147%) 96.5575 (YTM: 7.1501%) 93.3756 (YTM: 7.1138%) IV. Total Face Value Accepted ₹8,000 Crore ₹10,000 Crore ₹9,000 Crore

The result of the auction of State Government Securities held on February 06, 2024 is as under:

Sr. No. State/UT Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.39 5 500 500 7.49 12 1000 1000 7.49 15 500 500 7.46 17 1000 1000 7.52 19 2 Assam 1000 1000 7.52 10 3 Bihar 2000 2000 7.52 15