Press Releases

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on September 24, 2024, Tuesday, as under:

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 584,136.10 6.69 1.00-6.95 I. Call Money 9,938.90 6.68 5.10-6.80 II. Triparty Repo 403,004.70 6.67 6.30-6.77 III. Market Repo 169,807.50 6.74 1.00-6.90 IV. Repo in Corporate Bond 1,385.00 6.88 6.85-6.95

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹34,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 7.04% GS 2029 Jun 03, 2029 12,000 F.No.4(3)-B(W&M)/2024 dated September 23, 2024 September 27, 2024 (Friday) September 30, 2024 (Monday) 2 7.23% GS 2039 Apr 15, 2039 12,000 3 7.09% GS 2054 Aug 05, 2054 10,000 Total 34,000

A. Source Security 5.22% GS 2025 8.20% GS 2025 7.59% GS 2026 8.15% GS 2026 B. Notified Amount (amount in ₹ cr) 2,000 6,000 2,000 3,000 Destination Security 7.40% GS 2035 7.40% GS 2035 8.32% GS 2032 6.67% GS 2035 C. i. No. of offers received 15 4 3 9 ii. Total amount of Source Security offered (Face value in ₹ cr) 3,638.000 6,626.671 2,265.000 2,360.000 iii. No of offers accepted 12 2 2 9 iv. Total amount of source security accepted (Face value in ₹ cr) 2,000.000 6,000.000 2,000.000 2,360.000

Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of bids received (in ₹ crore) 1,02,655 Amount allotted (in ₹ crore) 50,007 Cut off Rate (%) 6.65 Weighted Average Rate (%) 6.66 Partial Allotment Percentage of bids received at cut off rate (%) 91.74

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on September 23, 2024, Monday, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 1 12:30 PM to 1:00 PM September 24, 2024 (Tuesday)

(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 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 22,475.09 6.66 5.00-6.80 I. Call Money 1,061.10 6.29 5.75-6.70 II. Triparty Repo 19,575.90 6.73 6.25-6.80 III. Market Repo 1,838.09 6.19 5.00-6.75 IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 2.00 6.00 6.00-6.00 II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo in Corporate Bond 0.00 - -

(Amount in ₹ Crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 7,728.83 6.48 5.75-7.00 I. Call Money 1,164.20 6.22 5.75-6.55 II. Triparty Repo 5,257.05 6.48 6.10-7.00 III. Market Repo 199.58 6.75 6.75-6.75 IV. Repo in Corporate Bond 1,108.00 6.74 6.71-6.80

The rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033) applicable for the half year September 22, 2024 to March 21, 2025 shall be 7.93 percent per annum.