Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹28,000 crore as per the following details:

Sr No    Security    Date of Repayment    Notified Amount
(₹ crore)    GoI specific Notification    Auction 
Date    Settlement Date
1    7.02% GS 2027    May 27, 2027    6,000    F.No.4(3)-B(W&M)/2024 dated
July 01, 2024
July 05, 2024 (Friday)    July 08, 2024
(Monday)
2    7.23% GS 2039    Apr 15, 2039    12,000            
3    7.30% GS 2053    Jun 19, 2053    10,000            
     Total        28,000               

2. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.  

In terms of Para 13 (ii) of Government of India Notification F.No.4(10)- B(W&M)/2020 dated June 26, 2020 on Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T), the coupon/interest rate of the bond would be reset half yearly, starting with January 01, 2021 and the coupon/interest rate will be set at a spread of (+) 35 bps over the prevailing National Savings Certificate (NSC) rate. 2. Accordingly, the coupon rate on FRSB 2020 (T) for the period July 01, 2024 to December 31, 2024 and payable on January 1, 2025 remains at 8.05% (7.70%+0.35%), unchanged from the previous half-year.

Auction Results 7.10% GS 2034 7.34% GS 2064 I. Notified Amount ₹20,000 Crore ₹11,000 Crore II. Underwriting Notified Amount ₹20,000 Crore ₹11,000 Crore III. Competitive Bids Received (i) Number 267 209 (ii) Amount ₹47776.500 Crore ₹25570.000 Crore IV. Cut-off price / Yield 100.55 103.15 (YTM: 7.0191%) (YTM: 7.1004%) V. Competitive Bids Accepted (i) Number 146 109 (ii) Amount ₹19988.089 Crore ₹10993.528 Crore

7.10% GS 2034 7.34% GS 2064 I. Notified Amount ₹20,000 crore ₹11,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.55/7.0191% 103.15/7.1004% III. Amount accepted in the auction ₹20,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL

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 8,000 July 03,2024 (Wednesday) July 04,2024 (Thursday) 2 182 Days 6,000 3 364 Days 6,000 Total 20,000

In terms of GOI Notifications F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XIV - Issue date January 01, 2018) and F. No. 4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19, Series IV - Issue date January 01, 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 July 01, 2024.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹14,100 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenure (Year) Type of Auction 1. Andhra Pradesh 1000 - 09 Yield 1000 - 12 Yield 1000 - 17 Yield 1000 - 21 Yield 1000 - 24 Yield 2. Jammu and Kashmir 500 - 22 Yield 3. Kerala 1500 - 22 Yield 4. Manipur 200 - 12 Yield 5. Meghalaya 400 - 10 Yield . 6. Punjab 1000 - 9 Yield 1500 - 10 Yield 7. Tamil Nadu 2000 - 10 Yield 8. Telangana 1000 - 13 Yield 1000 - 18 Yield Total 14,100

(For the Quarter ending September 2024) After reviewing the cash position of the Central Government, the Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending September 2024 as under: Notified Amount for Auction of Treasury Bills (July 01, 2024 to September 30, 2024) (₹ Crore) Date of Auction Date of Issue 91 Days 182 Days 364 Days Total July 3, 2024 July 4, 2024 8,000 6,000 6,000 20,000 July 10, 2024 July 11, 2024 8,000 6,000 6,000 20,000

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter July – September 2024, is expected to be ₹2,63,562 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under

The limits for financial accommodation extended by the Reserve Bank of India to State Governments / Union Territories (UTs) through Special Drawing Facility (SDF), Ways and Means Advances (WMA), and Overdraft (OD) schemes were last reviewed and announced on April 01, 2022.