Press Releases - आरबीआय - Reserve Bank of India
Press Releases
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹10,250 Crore (Face Value).
Sr. No. State Amount to be raised
(₹ Cr) Additional Borrowing (Greenshoe) Option
(₹ Cr) Tenure
(Year) Type of Auction
1 Andhra Pradesh 450 - 15 Yield
2 Goa 100 - 10 Yield
3 Gujarat 1000 - 5 Yield
500 - 6 Yield
4 Punjab 1000 - 13 Yield
5 Sikkim 400 - 10 Yield
6 Tamil Nadu 2000 - 30 Yield
7 Uttar Pradesh 2000 - 11 Yield
2000 - 12 Yield
8 Uttarakhand 800 - 10 Yield
TOTAL 10,250
The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The Government Stock up to Ten per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions, subject to a maximum limit of One per cent of its notified amount for a single bid per stock as per the ‘Scheme for Non-competitive Bidding Facility’. Individual investors can also place bids as per the non-competitive scheme through the Retail Direct portal (https://rbiretaildirect.org.in).
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The competitive bids should be submitted between 10:30 A.M. and 11:30 A.M. and non-competitive bids should be submitted between 10:30 A.M. and 11:00 A.M.
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹10,250 Crore (Face Value).
Sr. No. State Amount to be raised
(₹ Cr) Additional Borrowing (Greenshoe) Option
(₹ Cr) Tenure
(Year) Type of Auction
1 Andhra Pradesh 450 - 15 Yield
2 Goa 100 - 10 Yield
3 Gujarat 1000 - 5 Yield
500 - 6 Yield
4 Punjab 1000 - 13 Yield
5 Sikkim 400 - 10 Yield
6 Tamil Nadu 2000 - 30 Yield
7 Uttar Pradesh 2000 - 11 Yield
2000 - 12 Yield
8 Uttarakhand 800 - 10 Yield
TOTAL 10,250
The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The Government Stock up to Ten per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions, subject to a maximum limit of One per cent of its notified amount for a single bid per stock as per the ‘Scheme for Non-competitive Bidding Facility’. Individual investors can also place bids as per the non-competitive scheme through the Retail Direct portal (https://rbiretaildirect.org.in).
Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on October 10, 2023 (Tuesday). The competitive bids should be submitted between 10:30 A.M. and 11:30 A.M. and non-competitive bids should be submitted between 10:30 A.M. and 11:00 A.M.
पीडीएफ (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 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
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 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
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 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
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 7,000 October 04, 2023 (Wednesday) October 05, 2023 (Thursday)
2 182 Days 8,000
3 364 Days 9,000
Total 24,000
The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).
The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 04, 2023, during the below given timings:
Category Timing
Competitive bids 10:30 am - 11:30 am
Non-Competitive bids 10:30 am - 11:00 am
Results will be announced on the day of the auction.
Payment by successful bidders will have to be made on Thursday, October 05, 2023.
Auction Results7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore II.Underwriting Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore III.Competitive Bids Received (i) Number112187187 (ii) Amount₹15430 Crore₹28368.375 Crore₹23353.760 Crore IV.Cut-off price / Yield98.7698.8096.78 (YTM: 7.3886%)(YTM: 7.3514%)(YTM: 7.5726%) V.Competitive Bids Accepted (i) Number3883107 (ii) Amount₹6989.317 Crore₹12964.062 Crore₹9980.364 Crore
VI.Partial Allotment Percentage of Competitive Bids78.58%67.10%64.81%
(2 Bids)(11 Bids)(2 Bids)
VII.Weighted Average Price/Yield98.7698.8097.02
(WAY: 7.3886%)(WAY: 7.3514%)(WAY: 7.5517%)
VIII.Non-Competitive Bids Received
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
IX.Non-Competitive Bids Accepted
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
(iii) Partial Allotment Percentage---
X.Amount of Underwriting accepted from primary dealers₹7000 Crore₹13000 Crore₹10000 Crore
XI.Devolvement on Primary DealersNILNILNIL
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1057
Auction Results7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore II.Underwriting Notified Amount₹7000 Crore₹13000 Crore₹10000 Crore III.Competitive Bids Received (i) Number112187187 (ii) Amount₹15430 Crore₹28368.375 Crore₹23353.760 Crore IV.Cut-off price / Yield98.7698.8096.78 (YTM: 7.3886%)(YTM: 7.3514%)(YTM: 7.5726%) V.Competitive Bids Accepted (i) Number3883107 (ii) Amount₹6989.317 Crore₹12964.062 Crore₹9980.364 Crore
VI.Partial Allotment Percentage of Competitive Bids78.58%67.10%64.81%
(2 Bids)(11 Bids)(2 Bids)
VII.Weighted Average Price/Yield98.7698.8097.02
(WAY: 7.3886%)(WAY: 7.3514%)(WAY: 7.5517%)
VIII.Non-Competitive Bids Received
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
IX.Non-Competitive Bids Accepted
(i) Number453
(ii) Amount₹10.683 Crore₹35.938 Crore₹19.636 Crore
(iii) Partial Allotment Percentage---
X.Amount of Underwriting accepted from primary dealers₹7000 Crore₹13000 Crore₹10000 Crore
XI.Devolvement on Primary DealersNILNILNIL
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1057
7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7,000 crore₹13,000 crore₹10,000 crore II.Cut off Price / Implicit Yield at cutoff 98.76/7.3886%98.80/7.3514%96.78/7.5726% III.Amount accepted in the auction₹7,000 crore₹13,000 crore₹10,000 crore IV.Devolvement on Primary DealersNILNILNIL Ajit Prasad Director (Communications)
Press Release: 2023-2024/1056
7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹7,000 crore₹13,000 crore₹10,000 crore II.Cut off Price / Implicit Yield at cutoff 98.76/7.3886%98.80/7.3514%96.78/7.5726% III.Amount accepted in the auction₹7,000 crore₹13,000 crore₹10,000 crore IV.Devolvement on Primary DealersNILNILNIL Ajit Prasad Director (Communications)
Press Release: 2023-2024/1056
In the underwriting auctions conducted on October 06, 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:
(₹ crore)
Nomenclature of the SecurityNotified AmountMinimum Underwriting Commitment (MUC) AmountAdditional Competitive Underwriting Amount AcceptedTotal Amount underwrittenACU Commission Cut-off rate
(paise per ₹100)
7.06% GS 20287,0003,5073,4937,0002.70
7.18% GS 203313,0006,5106,49013,0005.00
7.30% GS 205310,0005,0194,98110,0006.27
Auction for the sale of securities will be held on October 06, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1054
In the underwriting auctions conducted on October 06, 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:
(₹ crore)
Nomenclature of the SecurityNotified AmountMinimum Underwriting Commitment (MUC) AmountAdditional Competitive Underwriting Amount AcceptedTotal Amount underwrittenACU Commission Cut-off rate
(paise per ₹100)
7.06% GS 20287,0003,5073,4937,0002.70
7.18% GS 203313,0006,5106,49013,0005.00
7.30% GS 205310,0005,0194,98110,0006.27
Auction for the sale of securities will be held on October 06, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1054
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 06, 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
7.06% GS 20287,000167167
7.18% GS 203313,000310310
7.30% GS 205310,000239239
The underwriting auction will be conducted through multiple price-based method on October 06, 2023 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between 10.30 A.M. and 11.00 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.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1046
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 06, 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
7.06% GS 20287,000167167
7.18% GS 203313,000310310
7.30% GS 205310,000239239
The underwriting auction will be conducted through multiple price-based method on October 06, 2023 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between 10.30 A.M. and 11.00 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.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1046
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 Price98.3175 (YTM: 6.8640%)96.5808 (YTM: 7.0999%)93.3610 (YTM: 7.1306%) IV.Total Face Value Accepted₹7,000 Crore₹8,000 Crore₹9,000 Crore Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1039
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 Price98.3175 (YTM: 6.8640%)96.5808 (YTM: 7.0999%)93.3610 (YTM: 7.1306%) IV.Total Face Value Accepted₹7,000 Crore₹8,000 Crore₹9,000 Crore Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1039
Auction Results91 Days182 Days364 Days I.Notified Amount₹7000 Crore₹8000 Crore₹9000 Crore II.Competitive Bids Received (i) Number164174209 (ii) Amount₹18860.052 Crore₹19901.450 Crore₹21501 Crore III.Cut-off price / Yield98.317596.580893.3610 (YTM: 6.8640%)(YTM: 7.0999%)(YTM: 7.1306%) IV.Competitive Bids Accepted (i) Number4484109 (ii) Amount₹6966.320 Crore₹7974.249 Crore₹8981.290 Crore V.Partial Allotment Percentage of Competitive Bids83.11%44.16%85.15% (3 Bids)(4 Bids)(1 Bid)
VI.Weighted Average Price/Yield98.334696.588993.3828
(WAY: 6.7930%)(WAY: 7.0825%)(WAY: 7.1056%)
VII.Non-Competitive Bids Received
(i) Number864
(ii) Amount₹1557.680 Crore₹449.371 Crore₹302.840 Crore
VIII.Non-Competitive Bids Accepted
(i) Number864
(ii) Amount₹1557.680 Crore₹449.371 Crore₹302.840 Crore
(iii) Partial Allotment Percentage---
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1040
Auction Results91 Days182 Days364 Days I.Notified Amount₹7000 Crore₹8000 Crore₹9000 Crore II.Competitive Bids Received (i) Number164174209 (ii) Amount₹18860.052 Crore₹19901.450 Crore₹21501 Crore III.Cut-off price / Yield98.317596.580893.3610 (YTM: 6.8640%)(YTM: 7.0999%)(YTM: 7.1306%) IV.Competitive Bids Accepted (i) Number4484109 (ii) Amount₹6966.320 Crore₹7974.249 Crore₹8981.290 Crore V.Partial Allotment Percentage of Competitive Bids83.11%44.16%85.15% (3 Bids)(4 Bids)(1 Bid)
VI.Weighted Average Price/Yield98.334696.588993.3828
(WAY: 6.7930%)(WAY: 7.0825%)(WAY: 7.1056%)
VII.Non-Competitive Bids Received
(i) Number864
(ii) Amount₹1557.680 Crore₹449.371 Crore₹302.840 Crore
VIII.Non-Competitive Bids Accepted
(i) Number864
(ii) Amount₹1557.680 Crore₹449.371 Crore₹302.840 Crore
(iii) Partial Allotment Percentage---
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1040
The rate of interest on Government of India Floating Rate Bond 2028 (GOI FRB 2028) applicable for the half year October 04, 2023 to April 03, 2024 shall be 7.69 per cent per annum.
It may be recalled that FRB 2028 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 04, 2023) of 182 Day T-Bills, plus a fixed spread (0.64 per cent).
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1036
The rate of interest on Government of India Floating Rate Bond 2028 (GOI FRB 2028) applicable for the half year October 04, 2023 to April 03, 2024 shall be 7.69 per cent per annum.
It may be recalled that FRB 2028 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 04, 2023) of 182 Day T-Bills, plus a fixed spread (0.64 per cent).
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1036
भारतीय रिझर्व्ह बँक मोबाईल ॲप्लिकेशन इंस्टॉल करा आणि नवीनतम बातम्यांचा त्वरित ॲक्सेस मिळवा!
पेज अंतिम अपडेट तारीख: मे 24, 2025
