Press Releases

The rate of interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) applicable for the half year April 30, 2025 to October 29, 2025 shall be 6.99 per cent per annum. It may be recalled that FRB 2034 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day i.e., April 30, 2025) of 182 Day T-Bills, plus a fixed spread (0.98 per cent).

In terms of GOI Notification F.No. 4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series V - Issue date October 30, 2017) and GOI Notification F. No. 4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series VI - Issue date October 30, 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 April 30, 2025.

As announced vide the Press release 2025-26/197 dated April 28, 2025, the Reserve Bank will be conducting OMO purchase for an aggregate amount of ₹50,000 crore on May 06, 2025. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method:

As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

The Reserve Bank of India has been regularly conducting Rural Consumer Confidence Survey (RCCS). The May 2025 round of the survey is being launched. The survey collects current perceptions and one year ahead expectations of households on general economic situation, employment scenario, overall price situation, own income and spending from the households residing in the rural and semi-urban areas across 31 states/ UTs viz., NCT of Delhi, Telangana, Assam, Bihar, Gujarat, Haryana, Uttar Pradesh, Jammu and Kashmir, Kerala, Madhya Pradesh, Karnataka, Maharashtra, Chhattisgarh, Odisha, Punjab, Rajasthan, Tamil Nadu, Jharkhand, West Bengal, Tripura, Meghalaya, Andhra Pradesh, Sikkim, Goa, Himachal Pradesh, Uttarakhand, Manipur, Nagaland, Arunachal Pradesh, Mizoram and Union Territory of Ladakh. The results of this survey provide useful inputs for monetary policy.

The Reserve Bank of India has been regularly conducting Urban Consumer Confidence Survey (UCCS). The May 2025 round of the survey is being launched. The survey seeks qualitative responses from households, regarding their sentiments on general economic situation, employment scenario, price level, households’ income and spending. The survey is conducted regularly in 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram. The results of this survey

The Reserve Bank of India has been regularly conducting Inflation Expectations Survey of Households (IESH). The May 2025 round of the survey is being launched. The survey aims at capturing subjective assessments on price movements and inflation, based on their individual consumption baskets, across 19 cities, viz., Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Delhi, Guwahati, Hyderabad, Jaipur, Jammu, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Raipur, Ranchi and Thiruvananthapuram. The survey seeks qualitative responses from households on price changes (general prices as well as prices of specific product groups) in the three months ahead as well as in the one year ahead period and quantitative responses on current, three months ahead and one year ahead inflation rates. The results of this survey provide useful inputs for monetary policy.

The result of the auction of State Government Securities held on April 29, 2025, is as under: (Amount in ₹ Crore) HARYANA SGS 2038 HIMACHAL PR SGS 2032 HIMACHAL PR SGS 2034 KERALA SGS 2046 Notified Amount 1000 500 800 2000 Tenure 13 7 9 21 Competitive Bids Received (i) No. 42 14 15 13 (ii) Amount 3040 1825 1340 4260

I. Summary OMO Purchase Results Aggregate Amount (Face value) notified by RBI : ₹20,000 crore Total amount offered (Face value) by participants : ₹39,218 crore Total amount accepted (Face value) by RBI : ₹20,000 crore II. Details of OMO Purchase Issue

Security 7.04% GS 2029 6.10% GS 2031 7.26% GS 2032 6.19% GS 2034 8.33% GS 2036 Total amount notified Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 1,605 9,869 2,656 1,610 4,260 Cut off yield (%) 6.0975 6.2238 6.2570 6.3476 6.5005 Cut off price (₹) 103.36 99.36 105.80 98.89 114.30 Detailed results will be issued shortly.

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Haryana 1000 1000 6.75 13 2. Himachal Pradesh 500 500 6.65 7 800 800 6.79 9 3. Kerala 2000 2000 6.78 21 4. Maharashtra 2000 2000 6.77 12

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of bids received (in ₹ crore) 5,901 Amount allotted (in ₹ crore) 5,901 Cut off Rate (%) 6.01 Weighted Average Rate (%) 6.01 Partial Allotment Percentage of bids received at cut off rate (%) NA

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,09,110.25 5.77 0.01-6.30 I. Call Money 15,719.99 5.87 4.95-5.95 II. Triparty Repo 4,01,754.30 5.75 5.70-5.85 III. Market Repo 1,89,873.96 5.82 0.01-6.30 IV. Repo in Corporate Bond 1,762.00 5.99 5.95-6.00