In terms of GOI Notifications F. No. 4(22) – B(W&M)/2018 dated October 08, 2018 (SGB 2018-19, Series IV - Issue date January 01, 2019) and F. No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18, Series XIV - Issue date January 01, 2018) 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 two tranches shall be January 01, 2024.

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:

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 January – March 2024, is expected to be ₹4,13,452 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:

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 March 2024 as under:

Auction Results  7.37% GS 2028  7.18% GS 2033  7.30% GS 2053  I.  Notified Amount  ₹7000 Crore  ₹16000 Crore  ₹10000 Crore  II.  Underwriting Notified Amount  ₹7000 Crore  ₹16000 Crore  ₹10000 Crore  III.  Competitive Bids Received     (i)  Number  105  213  356  (ii) Amount  ₹ 21039 Crore  ₹ 41655 Crore  ₹ 34332.250 Crore  IV.  Cut-off price / Yield  101.22  100.02  98.47  (YTM: 7.0628%)  (YTM: 7.1754%)  (YTM: 7.4283%)

7.37% GS 2028 7.18% GS 2033 7.30% GS 2053 I. Notified Amount ₹7,000 crore ₹16,000 crore ₹10,000 crore II. Cut off Price / Implicit Yield at cut-off 101.22/ 7.0628% 100.02/ 7.1754% 98.47/ 7.4283% III. Amount accepted in the auction ₹7,000 crore ₹16,000 crore ₹10,000 crore

In the underwriting auctions conducted on December 29, 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:

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on December 29, 2023.

Auction Results  91 Days  182 Days  364 Days  I.  Notified Amount  ₹7000 Crore  ₹8000 Crore  ₹9000 Crore  II.  Competitive Bids Received     (i)  Number  78  104  91  (ii) Amount  ₹ 30102.672 Crore  ₹ 18202.16 Crore  ₹ 22506.5 Crore  III.  Cut-off price / Yield  98.3016  96.5550  93.3616  (YTM:6.9300%)  (YTM:7.1554%)  (YTM:7.1300%)

I.T-Bill 91 days 182 days 364 days II.Total Face Value Notified ₹7,000 Crore ₹8,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3016