Press Releases

Auction Results New GS 2027 7.23% GS 2039 7.46% GS 2073 I. Notified Amount ₹6,000 crore ₹12,000 crore ₹11,000 crore II. Underwriting Notified Amount ₹6,000 crore ₹12,000 crore ₹11,000 crore III. Competitive Bids Received   (i)  Number 119 229 215 (ii) Amount ₹ 22888 Crore ₹ 36358.469 Crore ₹ 25787 Crore IV. Cut-off price / Yield - 101.69 104.18 (YTM: 7.02%) (YTM: 7.0437%) (YTM: 7.1510%)

The Reserve Bank of India issued Directions to Shankarrao Mohite Patil Sahakari Bank Ltd., Akluj, Maharashtra under Section 35A read with Section 56 of the Banking Regulation Act, 1949 vide Directive NGP.DOS.SSM 2.No.S1389/15-04-616/2022-2023 dated February 23, 2023, for a period of six months up to August 24, 2023 as modified from time to time which were last extended up to close of business on May 24, 2024 vide Directive DOR.MON/D-128/12.22.275/2023-24 dated February 15, 2024.

New GS 2027 7.23% GS 2039 7.46% GS 2073 I. Notified Amount ₹6,000 crore ₹12,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 7.02% 101.69 / 7.0437% 104.18 / 7.1510 III. Amount accepted in the auction ₹6,000 crore ₹12,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL

Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 1,39,365 Amount allotted (in ₹ crore) 1,25,008 Cut off Rate (%) 6.51 Weighted Average Rate (%) 6.56 Partial Allotment Percentage of bids received at cut off rate (%) 21.51

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 24, 2024, Friday, as under: Sl. No.    Notified Amount (₹ crore)    Tenor (day)    Window Timing    Date of Reversal 1    1,25,000    3    11:00 AM to 11:30 AM    May 27, 2024 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

In the underwriting auctions conducted on May 24, 2024, 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  Notified Amount  Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten  ACU Commission Cut-off rate (paise per ₹100) New GS 2027 6,000 3,003 2,997 6,000 0.08 7.23% GS 2039 12,000 6,006 5,994 12,000 0.09 7.46% GS 2073 11,000 5,502 5,498 11,000 0.14  Auction for the sale of securities will be held on May 24, 2024. Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/362

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@  Volume  (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 526,063.00 6.66 3.00-6.95 I. Call Money 12,123.74 6.75 5.40-6.85 II. Triparty Repo 344,387.40 6.63 6.19-6.75 III. Market Repo 168,664.86 6.71 3.00-6.90 IV. Repo in Corporate Bond 887.00 6.90 6.90-6.95

The Reserve Bank of India issued Directions to Thodupuzha Urban Co-operative Bank Ltd, Kerala under Section 35A read with Section 56 of the Banking Regulation Act, 1949 (AACS), vide Directive No. CO.DOS.SED.No.S3361/12-07-005/2022-2023 dated August 23, 2022, from close of business on August 23, 2022, for a period of six months, which were extended from time to time, last being up to close of business on May 23, 2024, vide Directive No. DOR.MON.D-125/12.16.051/2023-24 dated February 14, 2024.

The Reserve Bank has today released data on Reserve Money for the week ended May 17, 2024.