Press Releases

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 518,653.92 6.31 5.00-6.60 I. Call Money 7,712.90 6.47 5.80-6.60 II. Triparty Repo 375,673.15 6.31 6.23-6.54 III. Market Repo 134,564.87 6.32 5.00-6.60 IV. Repo in Corporate Bond 703.00 6.43 6.40-6.60

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 31, 2024, Thursday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 14 10:30 AM to 11:00 AM November 14, 2024 (Thursday)

The Reserve Bank has today released data on Reserve Money for the week ended October 25, 2024 and Money Supply for the fortnight ended October 18, 2024.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 76 67 70 (ii) Amount ₹16355.500 Crore ₹10555.000 Crore ₹21019.200 Crore III. Cut-off price / Yield 98.4025 96.7950 93.8253 (YTM : 6.5116%) (YTM : 6.6404%) (YTM : 6.5991%)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4025 (YTM: 6.5116%) 96.7950 (YTM: 6.6404%) 93.8253 (YTM: 6.5991%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore

Tenor 1-day Notified Amount (in ₹ crore) 75,000 Total amount of offers received (in ₹ crore) 35,525 Amount accepted (in ₹ crore) 35,525 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on October 30, 2024, Wednesday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 11:00 AM to 11:30 AM October 31, 2024 (Thursday) 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.

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 538,684.91 6.28 5.00-6.70 I. Call Money 9,985.73 6.44 5.10-6.50 II. Triparty Repo 389,946.80 6.26 6.16-6.40 III. Market Repo 137,976.88 6.33 5.00-6.60 IV. Repo in Corporate Bond 775.50 6.52 6.50-6.70

In terms of GOI Notifications F. No. 4(25) – W&M /2017 dated October 06, 2017 (SGB 2017-18 Series V - Issue date October 30, 2017) and 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 tranches shall be October 30, 2024.

The rate of interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) applicable for the half year October 30, 2024 to April 29, 2025 shall be 7.53 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., October 30, 2024) of 182 Day T-Bills, plus a fixed spread (0.98 per cent).