Press Releases

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 84 91 125 (ii) Amount ₹31,361.060 Crore ₹18,666.100 Crore ₹29,830.250 Crore III. Cut-off price / Yield 98.3474 96.6995 93.5846 (YTM:6.7399%) (YTM:6.8451%) (YTM:6.8740%) IV. Competitive Bids Accepted (i) Number 36 41 10

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of offers received (in ₹ crore) 20,353 Amount accepted (in ₹ crore)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3474 (YTM: 6.7399%) 96.6995 (YTM: 6.8451%) 93.5846 (YTM: 6.8740%) IV. Total Face Value Accepted ₹8,000 Crore ₹6,000 Crore ₹6,000 Crore

On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on July 18, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 1 1:15 PM to 1:45 PM July 19, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Tenor 1-day Notified Amount (in ₹ crore) 25,000 Total amount of offers received (in ₹ crore) 53,885 Amount accepted (in ₹ crore) 25,007 Cut off Rate (%) 6.48 Weighted Average Rate (%) 6.48 Partial Acceptance Percentage of offers received at cut off rate 94.81

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on July 19, 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

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - -

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 18, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 1 11:30 AM to 12:00 Noon July 19, 2024 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 525,197.00 6.39 5.10-6.65 I. Call Money 10,066.22 6.48 5.10-6.55 II. Triparty Repo 359,267.55 6.38 6.16-6.45 III. Market Repo 154,790.23 6.42 5.50-6.57 IV. Repo in Corporate Bond 1,073.00 6.61 6.60-6.65 B. Term Segment I. Notice Money** 159.20 6.35 5.85-6.55

The Financial Action Task Force (FATF) vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ – June 2024, has called on its members and other jurisdictions to refer to the statement on Democratic People’s Republic of Korea (DPRK) and Iran adopted in February 2020 which remains in effect. Further, Myanmar was added to the list of High-Risk Jurisdictions subject to a Call for Action in the October 2022 FATF plenary and FATF has called on its members and other jurisdictions to apply enhanced due diligence measures proportionate to the risk arising from Myanmar. When applying enhanced due diligence measures, countries have been advised to ensure that flows of funds for humanitarian assistance, legitimate NPO activity and remittances are not disrupted. The status of Myanmar in the list of countries subject to a call for action, remains unchanged.