Press Releases - आरबीआय - Reserve Bank of India
Press Releases
In the underwriting auctions conducted on September 15, 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 Security
In the underwriting auctions conducted on September 15, 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 Security
पीडीएफ (Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on September 15, 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:
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on September 15, 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:
Auction Results91 Days182 Days364 Days I.Notified Amount₹10000 Crore₹8000 Crore₹6000 Crore II.Competitive Bids Received(i) Number241173176 (ii) Amount₹47506.755 Crore₹21528.5 Crore₹20035 Crore III.Cut-off price / Yield98.321596.604393.4225 (YTM: 6.8474%)(YTM: 7.0494%)(YTM: 7.0599%) IV.Competitive Bids Accepted
Auction Results91 Days182 Days364 Days I.Notified Amount₹10000 Crore₹8000 Crore₹6000 Crore II.Competitive Bids Received(i) Number241173176 (ii) Amount₹47506.755 Crore₹21528.5 Crore₹20035 Crore III.Cut-off price / Yield98.321596.604393.4225 (YTM: 6.8474%)(YTM: 7.0494%)(YTM: 7.0599%) IV.Competitive Bids Accepted
T-Bill91 days182 days364 days II.Total Face Value Notified₹10,000 Crore₹8,000 Crore₹6,000 Crore III.Cut-off Price and Implicit Yield at Cut-Off Price98.3215 (YTM: 6.8474%)96.6043 (YTM: 7.0494%)93.4225 (YTM: 7.0599%) IV.Total Face Value Accepted₹10,000 Crore₹8,000 Crore₹6,000 Crore
T-Bill91 days182 days364 days II.Total Face Value Notified₹10,000 Crore₹8,000 Crore₹6,000 Crore III.Cut-off Price and Implicit Yield at Cut-Off Price98.3215 (YTM: 6.8474%)96.6043 (YTM: 7.0494%)93.4225 (YTM: 7.0599%) IV.Total Face Value Accepted₹10,000 Crore₹8,000 Crore₹6,000 Crore
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹18,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Date of AuctionSource SecuritiesAmount (FV) of Source Securities
(In ₹ crore)Destination Securities
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹18,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Date of AuctionSource SecuritiesAmount (FV) of Source Securities
(In ₹ crore)Destination Securities
The result of the auction of State Government Securities held on September 12, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2038ANDHRA PRADESH 2041ASSAM 2033*GOA 2038 Notified Amount10001000500100 Tenure15181015 Competitive Bids Received (i) No.39233212 (ii) Amount381046102135385 Cut-off Yield (%)7.487.46-7.46 Competitive Bids Accepted
The result of the auction of State Government Securities held on September 12, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2038ANDHRA PRADESH 2041ASSAM 2033*GOA 2038 Notified Amount10001000500100 Tenure15181015 Competitive Bids Received (i) No.39233212 (ii) Amount381046102135385 Cut-off Yield (%)7.487.46-7.46 Competitive Bids Accepted
Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.48 15 1000 1000 7.46 18 2 Assam* 500 - - 10 3 Goa 100 100 7.46 15 4 Haryana 1500 1500 7.47 10 5 Jammu and Kashmir 500 500 7.43 30
Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.48 15 1000 1000 7.46 18 2 Assam* 500 - - 10 3 Goa 100 100 7.46 15 4 Haryana 1500 1500 7.47 10 5 Jammu and Kashmir 500 500 7.43 30
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹31,000 crore as per the following details:
Sr NoSecurityDate of RepaymentNotified Amount
(₹ crore)GoI specific NotificationAuction DateSettlement Date
17.17% GS 2030Apr 17, 20307,000F.No.4(3)-B(W&M)/2023 dated September 11, 2023September 15, 2023
(Friday)September 18, 2023
(Monday)
27.18% GS 2037July 24, 203712,000
37.25% GS 2063June 12, 206312,000
Total
31,000
2. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.
3. The securities will be sold through Reserve Bank of India Mumbai Office, Fort, Mumbai – 400001. The sale will be subject to the terms and conditions spelt out in the ‘Specific Notification’ mentioned above and the General Notification F.No.4(2)–W&M/2018, dated March 27, 2018.
4. The auction will be conducted using uniform price method for 7.17% GS 2030, 7.18% GS 2037 and multiple price method for 7.25% GS 2063. 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 September 15, 2023 (Friday). The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. The result will be announced on the same day and payment by successful bidders will have to be made on September 18, 2023 (Monday).
5. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by ‘Primary Dealers’ from 09:00 a.m. up to 09:30 a.m. on September 15, 2023 (Friday) on the Reserve Bank of India Core Banking Solution (E-Kuber) system.
6. The Stocks will be eligible for “When Issued” trading for a period commencing from September 12 – September 15, 2023.
7. Operational guidelines for Government of India dated securities auction and other details are given in the Annex.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/903
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹31,000 crore as per the following details:
Sr NoSecurityDate of RepaymentNotified Amount
(₹ crore)GoI specific NotificationAuction DateSettlement Date
17.17% GS 2030Apr 17, 20307,000F.No.4(3)-B(W&M)/2023 dated September 11, 2023September 15, 2023
(Friday)September 18, 2023
(Monday)
27.18% GS 2037July 24, 203712,000
37.25% GS 2063June 12, 206312,000
Total
31,000
2. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.
3. The securities will be sold through Reserve Bank of India Mumbai Office, Fort, Mumbai – 400001. The sale will be subject to the terms and conditions spelt out in the ‘Specific Notification’ mentioned above and the General Notification F.No.4(2)–W&M/2018, dated March 27, 2018.
4. The auction will be conducted using uniform price method for 7.17% GS 2030, 7.18% GS 2037 and multiple price method for 7.25% GS 2063. 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 September 15, 2023 (Friday). The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. The result will be announced on the same day and payment by successful bidders will have to be made on September 18, 2023 (Monday).
5. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by ‘Primary Dealers’ from 09:00 a.m. up to 09:30 a.m. on September 15, 2023 (Friday) on the Reserve Bank of India Core Banking Solution (E-Kuber) system.
6. The Stocks will be eligible for “When Issued” trading for a period commencing from September 12 – September 15, 2023.
7. Operational guidelines for Government of India dated securities auction and other details are given in the Annex.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/903
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 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).
7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹8,000 crore₹14,000 crore₹11,000 crore II.Cut off Price / Implicit Yield at cut-off99.50/7.1878%100.15/7.1575%99.48/7.3419% III.Amount accepted in the auction₹8,000 crore₹14,000 crore₹11,000 crore IV.Devolvement on Primary Dealers Ajit Prasad Director (Communications) Press Release: 2023-2024/884
7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹8,000 crore₹14,000 crore₹11,000 crore II.Cut off Price / Implicit Yield at cut-off99.50/7.1878%100.15/7.1575%99.48/7.3419% III.Amount accepted in the auction₹8,000 crore₹14,000 crore₹11,000 crore IV.Devolvement on Primary Dealers Ajit Prasad Director (Communications) Press Release: 2023-2024/884
Auction Results7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹8000 Crore₹14000 Crore₹11000 Crore II.Underwriting Notified Amount₹8000 Crore₹14000 Crore₹11000 Crore III.Competitive Bids Received (i) Number132208203 (ii) Amount₹19552 Crore₹31590.250 Crore₹26010.798 Crore IV.Cut-off price / Yield99.50100.1599.48(YTM: 7.1878%)(YTM: 7.1575%)(YTM: 7.3419%) V.Competitive Bids Accepted
Auction Results7.06% GS 20287.18% GS 20337.30% GS 2053 I.Notified Amount₹8000 Crore₹14000 Crore₹11000 Crore II.Underwriting Notified Amount₹8000 Crore₹14000 Crore₹11000 Crore III.Competitive Bids Received (i) Number132208203 (ii) Amount₹19552 Crore₹31590.250 Crore₹26010.798 Crore IV.Cut-off price / Yield99.50100.1599.48(YTM: 7.1878%)(YTM: 7.1575%)(YTM: 7.3419%) V.Competitive Bids Accepted
In the underwriting auctions conducted on September 08, 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 20288,0004,0113,9898,0000.14
7.18% GS 203314,0007,0146,98614,0000.14
7.30% GS 205311,0005,5025,49811,0000.22
Auction for the sale of securities will be held on September 08, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/882
In the underwriting auctions conducted on September 08, 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 20288,0004,0113,9898,0000.14
7.18% GS 203314,0007,0146,98614,0000.14
7.30% GS 205311,0005,5025,49811,0000.22
Auction for the sale of securities will be held on September 08, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/882
In terms of GOI Notification F.No.4(16) - W&M/2016 dated February 23, 2017 (SGB 2016-17 Series IV-Issue date March 17, 2017) 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 September 16, 2023 (September 17, 2023 being Sunday).
2. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity, of the week (Monday-Friday), preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on September 16, 2023 (September 17, 2023 being Sunday) shall be ₹5929/- (Rupees Five thousand nine hundred and twenty-nine only) per unit of SGB based on the simple average of closing gold price for the week September 04-08, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/897
In terms of GOI Notification F.No.4(16) - W&M/2016 dated February 23, 2017 (SGB 2016-17 Series IV-Issue date March 17, 2017) 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 September 16, 2023 (September 17, 2023 being Sunday).
2. Further, the redemption price of SGB shall be based on simple average of closing price of gold of 999 purity, of the week (Monday-Friday), preceding the date of redemption, as published by the India Bullion and Jewellers Association Ltd (IBJA). Accordingly, the redemption price for premature redemption due on September 16, 2023 (September 17, 2023 being Sunday) shall be ₹5929/- (Rupees Five thousand nine hundred and twenty-nine only) per unit of SGB based on the simple average of closing gold price for the week September 04-08, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/897
In terms of Government of India notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated June 14, 2023, the Sovereign Gold Bond Scheme 2023-24 - Series II will be open for subscription during September 11–15, 2023. The nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period, i.e. September 06, September 07, and September 08, 2023 works out to ₹5,923/- (Rupees Five thousand nine hundred and twenty three only) per gram of gold.
Government of India, in consultation with the Reserve Bank, has decided to offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and making the payment against the application through digital mode. For such investors, the issue price of Gold Bond will be ₹5,873/- (Rupees Five thousand eight hundred and seventy three only) per gram of gold.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/898
In terms of Government of India notification F.No.4(6)-B(W&M)/2023 and Reserve Bank press release dated June 14, 2023, the Sovereign Gold Bond Scheme 2023-24 - Series II will be open for subscription during September 11–15, 2023. The nominal value of the bond based on the simple average of closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period, i.e. September 06, September 07, and September 08, 2023 works out to ₹5,923/- (Rupees Five thousand nine hundred and twenty three only) per gram of gold.
Government of India, in consultation with the Reserve Bank, has decided to offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and making the payment against the application through digital mode. For such investors, the issue price of Gold Bond will be ₹5,873/- (Rupees Five thousand eight hundred and seventy three only) per gram of gold.
(Yogesh Dayal)
Chief General Manager
Press Release: 2023-2024/898
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,900 Crore (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 - 11 Yield 2 Bihar 2000 - 8 Yield 3 Goa 100 - 10 Yield 4 Haryana 1500 - 10 Yield 1000 - 12 Yield 5 Kerala 1300 - 18 Yield 6 Rajasthan 1000 - 10 Yield 1000 - 16 Yield 500 - 18 Yield 7 Tamil Nadu 2000
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,900 Crore (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 - 11 Yield 2 Bihar 2000 - 8 Yield 3 Goa 100 - 10 Yield 4 Haryana 1500 - 10 Yield 1000 - 12 Yield 5 Kerala 1300 - 18 Yield 6 Rajasthan 1000 - 10 Yield 1000 - 16 Yield 500 - 18 Yield 7 Tamil Nadu 2000
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on September 08, 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 20288,000191191
7.18% GS 203314,000334334
7.30% GS 205311,000262262
The underwriting auction will be conducted through multiple price-based method on September 08, 2023 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09.00 A.M. and 09.30 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: 2023-2024/878
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on September 08, 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 20288,000191191
7.18% GS 203314,000334334
7.30% GS 205311,000262262
The underwriting auction will be conducted through multiple price-based method on September 08, 2023 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09.00 A.M. and 09.30 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: 2023-2024/878
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹8000 Crore ₹6000 CroreII. Competitive Bids Received (i) Number 191 202 160 (ii) Amount ₹28026.730 Crore ₹22453 Crore ₹19693 Crore III. Cut-off price / Yield 98.3329 96.6160 93.4486 (YTM: 6.8001%) (YTM: 7.0243%) (YTM: 7.0300%) IV. Competitive Bids Accepted
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹10000 Crore ₹8000 Crore ₹6000 CroreII. Competitive Bids Received (i) Number 191 202 160 (ii) Amount ₹28026.730 Crore ₹22453 Crore ₹19693 Crore III. Cut-off price / Yield 98.3329 96.6160 93.4486 (YTM: 6.8001%) (YTM: 7.0243%) (YTM: 7.0300%) IV. Competitive Bids Accepted
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹8,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3329 (YTM: 6.8001%) 96.6160 (YTM: 7.0243%) 93.4486 (YTM: 7.0300%) IV. Total Face Value Accepted
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹10,000 Crore ₹8,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3329 (YTM: 6.8001%) 96.6160 (YTM: 7.0243%) 93.4486 (YTM: 7.0300%) IV. Total Face Value Accepted
The result of the auction of State Government Securities held on September 05, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2033 ANDHRA PRADESH 2040 ANDHRA PRADESH 2043 ASSAM 2033 Notified Amount 1000 1000 1000 1000 Tenure 10 17 20 10
Competitive Bids Received
The result of the auction of State Government Securities held on September 05, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2033 ANDHRA PRADESH 2040 ANDHRA PRADESH 2043 ASSAM 2033 Notified Amount 1000 1000 1000 1000 Tenure 10 17 20 10
Competitive Bids Received
Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) Andhra Pradesh 1000 1000 7.44 10 1000 1000 7.44 17 1000 1000 7.40 20 2 Assam 1000 1000 7.47 10 3 Goa 100 100 7.47 10 4 Haryana 1000 1000 7.44 12
Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹) / Yield (%) Tenure (Year) Andhra Pradesh 1000 1000 7.44 10 1000 1000 7.44 17 1000 1000 7.40 20 2 Assam 1000 1000 7.47 10 3 Goa 100 100 7.47 10 4 Haryana 1000 1000 7.44 12
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2028
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2028
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,700 Crore (Face Value).Sr. No. State Amount to be raised
(₹ Cr) Additional Borrowing (Greenshoe) Option
(₹ Cr) Tenure (Year) Type of Auction1 Andhra Pradesh 1000-10 Yield 1000-17 Yield1000-20 Yield 2 Assam 1000-10 Yield 3 Goa 100-10 Yield 4 Haryana 1000-12 Yield 5 Himachal Pradesh 500-15 Yield 6 Maharashtra 3000 - Re issue of 7.33% Maharashtra SGS 2031 issued on May 31, 2023 Price 7 Manipur 100-12 Yield 8 Punjab 1000-11 Yield 9 Rajasthan 1000-13 Yield 1000-Reissue of 7.98% Rajasthan SDL 2042 issued on July 20, 2022 Price 10 Tamil Nadu1000-10Yield
11Telangana1000-16Yield
1500-20Yield
12Uttarakhand500-10Yield
TOTAL15,700
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹15,700 Crore (Face Value).Sr. No. State Amount to be raised
(₹ Cr) Additional Borrowing (Greenshoe) Option
(₹ Cr) Tenure (Year) Type of Auction1 Andhra Pradesh 1000-10 Yield 1000-17 Yield1000-20 Yield 2 Assam 1000-10 Yield 3 Goa 100-10 Yield 4 Haryana 1000-12 Yield 5 Himachal Pradesh 500-15 Yield 6 Maharashtra 3000 - Re issue of 7.33% Maharashtra SGS 2031 issued on May 31, 2023 Price 7 Manipur 100-12 Yield 8 Punjab 1000-11 Yield 9 Rajasthan 1000-13 Yield 1000-Reissue of 7.98% Rajasthan SDL 2042 issued on July 20, 2022 Price 10 Tamil Nadu1000-10Yield
11Telangana1000-16Yield
1500-20Yield
12Uttarakhand500-10Yield
TOTAL15,700
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No.Treasury BillNotified Amount (in ₹ Crore) Auction Date Settlement Date 191 Days 10,000 September 06, 2023
(Wednesday) September 07, 2023 (Thursday) 2182 Days 8,000 3364 Days 6,000 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, September 06, 2023, during the below given timings:
CategoryTiming
Competitive bids10:30 am - 11:30 am
Non-Competitive bids10:30 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, September 07, 2023.
Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (email; Phone no: 022-22632527, 022-22701299) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before the auction timing ends. In case of technical difficulties, Core Banking Operations Team should be contacted (email; Phone no: 022-27595666, 022-27595415, 022-27523516). For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/858
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No.Treasury BillNotified Amount (in ₹ Crore) Auction Date Settlement Date 191 Days 10,000 September 06, 2023
(Wednesday) September 07, 2023 (Thursday) 2182 Days 8,000 3364 Days 6,000 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, September 06, 2023, during the below given timings:
CategoryTiming
Competitive bids10:30 am - 11:30 am
Non-Competitive bids10:30 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, September 07, 2023.
Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (email; Phone no: 022-22632527, 022-22701299) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before the auction timing ends. In case of technical difficulties, Core Banking Operations Team should be contacted (email; Phone no: 022-27595666, 022-27595415, 022-27523516). For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/858
Auction Results6.99% GS 20267.17% GS 20307.18% GS 20377.25% GS 2063 I.Notified Amount ₹8000 Crore ₹7000 Crore₹12000 Crore₹12000 Crore II.Underwriting Notified Amount ₹8000 Crore ₹7000 Crore ₹12000 Crore ₹12000 Crore III.Competitive Bids Received (i) Number 120131188203 (ii) Amount ₹25325 Crore ₹21385.725 Crore ₹27224.740 Crore ₹34494.250 Crore IV.Cut-off price / Yield 99.58 99.99 99.52 98.90 (YTM: 7.1639%) (YTM: 7.1697%)(YTM: 7.2341%) (YTM: 7.3343%) V.Competitive Bids Accepted (i) Number 41458741 (ii) Amount ₹7993.214 Crore ₹6995.287 Crore ₹11989.770 Crore ₹11990.510 Crore VI.Partial Allotment Percentage of Competitive Bids 73.81% 6.50% 9.25% 91.67% (12 Bids) (7 Bids) (6 Bids) (12 Bids) VII.Weighted Average Price/Yield 99.58 99.99 99.52 98.95
Auction Results6.99% GS 20267.17% GS 20307.18% GS 20377.25% GS 2063 I.Notified Amount ₹8000 Crore ₹7000 Crore₹12000 Crore₹12000 Crore II.Underwriting Notified Amount ₹8000 Crore ₹7000 Crore ₹12000 Crore ₹12000 Crore III.Competitive Bids Received (i) Number 120131188203 (ii) Amount ₹25325 Crore ₹21385.725 Crore ₹27224.740 Crore ₹34494.250 Crore IV.Cut-off price / Yield 99.58 99.99 99.52 98.90 (YTM: 7.1639%) (YTM: 7.1697%)(YTM: 7.2341%) (YTM: 7.3343%) V.Competitive Bids Accepted (i) Number 41458741 (ii) Amount ₹7993.214 Crore ₹6995.287 Crore ₹11989.770 Crore ₹11990.510 Crore VI.Partial Allotment Percentage of Competitive Bids 73.81% 6.50% 9.25% 91.67% (12 Bids) (7 Bids) (6 Bids) (12 Bids) VII.Weighted Average Price/Yield 99.58 99.99 99.52 98.95
6.99% GS 20267.17% GS 20307.18% GS 20377.25% GS 2063 I.Notified Amount ₹8,000 crore₹7,000 crore₹12,000 crore₹12,000 crore II.Cut off Price / Implicit Yield at cut-off 99.58/7.1639% 99.99/7.1697% 99.52/7.2341% 98.90/7.3343% III.Amount accepted in the auction ₹8,000 crore ₹7,000 crore ₹12,000 crore ₹12,000 crore IV.Devolvement on Primary Dealers
6.99% GS 20267.17% GS 20307.18% GS 20377.25% GS 2063 I.Notified Amount ₹8,000 crore₹7,000 crore₹12,000 crore₹12,000 crore II.Cut off Price / Implicit Yield at cut-off 99.58/7.1639% 99.99/7.1697% 99.52/7.2341% 98.90/7.3343% III.Amount accepted in the auction ₹8,000 crore ₹7,000 crore ₹12,000 crore ₹12,000 crore IV.Devolvement on Primary Dealers
In the underwriting auctions conducted on September 01, 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)
6.99% GS 20268,0004,0113,9898,0000.19
7.17% GS 20307,0003,5073,4937,0000.18
7.18% GS 203712,0006,0065,99412,0000.20
7.25% GS 206312,0006,0065,99412,0000.28
Auction for the sale of securities will be held on September 01, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/849
In the underwriting auctions conducted on September 01, 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)
6.99% GS 20268,0004,0113,9898,0000.19
7.17% GS 20307,0003,5073,4937,0000.18
7.18% GS 203712,0006,0065,99412,0000.20
7.25% GS 206312,0006,0065,99412,0000.28
Auction for the sale of securities will be held on September 01, 2023.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/849
The result of the auction of State Government Securities held on August 29, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2034 BIHAR 2031 GOA 2033 HARYANA 2033 Notified Amount 1000 2000 100 1500 Tenure 11 8 10 10 Competitive Bids Received (i) No. 77 47 16 54 (ii) Amount 4625 6545 620 5200 Cut-off Yield (%) 7.45 7.45 7.44 7.44 Competitive Bids Accepted (i) No. 7 16 1 16 (ii) Amount 971.348 1981.930 96.525 1416.805 Partial Allotment Percentage of Competitive Bids
The result of the auction of State Government Securities held on August 29, 2023 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2034 BIHAR 2031 GOA 2033 HARYANA 2033 Notified Amount 1000 2000 100 1500 Tenure 11 8 10 10 Competitive Bids Received (i) No. 77 47 16 54 (ii) Amount 4625 6545 620 5200 Cut-off Yield (%) 7.45 7.45 7.44 7.44 Competitive Bids Accepted (i) No. 7 16 1 16 (ii) Amount 971.348 1981.930 96.525 1416.805 Partial Allotment Percentage of Competitive Bids
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2028 Apr 10, 2028 8,000 F.No.4(3)-B(W&M)/2023 datedJuly 24, 2023 July 28, 2023 (Friday) July 31, 2023 (Monday) 2 7.26% GS 2033 Feb 06, 2033 14,000 3 7.30% GS 2053 June 19, 2053 11,000 &nbs
Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹33,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 7.06% GS 2028 Apr 10, 2028 8,000 F.No.4(3)-B(W&M)/2023 datedJuly 24, 2023 July 28, 2023 (Friday) July 31, 2023 (Monday) 2 7.26% GS 2033 Feb 06, 2033 14,000 3 7.30% GS 2053 June 19, 2053 11,000 &nbs
भारतीय रिझर्व्ह बँक मोबाईल ॲप्लिकेशन इंस्टॉल करा आणि नवीनतम बातम्यांचा त्वरित ॲक्सेस मिळवा!
पेज अंतिम अपडेट तारीख: डिसेंबर 03, 2024
