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

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

 

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

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