Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on January 19, 2024. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹8000 Crore ₹10000 Crore ₹9000 Crore II. Competitive Bids Received    (i) Number 71 144 151 (ii) Amount ₹17692.857 Crore ₹22271.412 Crore ₹25904.200 Crore III. Cut-off price / Yield 98.2920 96.5482 93.3407 (YTM: 6.9698%) (YTM: 7.1701%) (YTM: 7.1540%) IV. Competitive Bids Accepted    (i) Number 46 98 67 (ii) Amount ₹7952.262 Crore ₹9968.982 Crore ₹8934.647 Crore

I. T-Bill 91 days182 days 364 days II. Total Face Value Notified ₹8,000 Crore ₹10,000 Crore ₹9,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price ₹98.2920 (YTM: 6.9698%)

The Reserve Bank of India today placed on its website the Report of the Working Group on State Government Guarantees.   During the 32nd Conference of the State Finance Secretaries held on July 07, 2022, it was decided to constitute a Working Group comprising members drawn from the Ministry of Finance, Government of India; Comptroller and Auditor General of India; and some State Governments.

The result of the auction of State Government Securities held on January 16, 2024 is as under:

Sr. No. State Amount to be raised (₹ Cr) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 ; Andhra Pradesh 450 450 7.64 7 1000 1000 7.67 14 1000 1000 7.60 20 2 Assam 750 750 7.68 7 3 Bihar 2000 2000 7.73

Government of India (GOI) has announced the sale (issue/re-issue) of four dated securities for a notified amount of ₹35,000 crore as per the following details:

A. Source Security 8.40% GS 2024 8.40% GS 2024 GOI FRB, 2024 GOI FRB, 2024 GOI FRB, 2024 GOI FRB, 2024 B. Notified Amount (amount in ₹ cr) 1,000 1,000 3,000 1,000 2,000 1,000 Destination Security 8.97% GS 2030 6.76% GS 2061 8.32% GS 2032 7.73% GS 2034 8.33% GS 2036 8.17% GS 2044 C. i. No. of offers received 4 0 6 5 5 5 ii. Total amount of Source Security offered (Face value in ₹ cr) 1,695.750 0.000 4,800.000 1,485.000 695.000 840.000 iii. No of offers accepted 2 0 4 5 5 5 iv. Total amount of source security accepted (Face value in ₹ cr) 1,000.000 0 3,000.000 1,000.000 695.000 840.000 v. Total amount of destination security issued (Face value in ₹ cr) 917.193 0 2,799.633 965.324 641.069 772.508 vi. Cut-off price (₹) / yield (%) for destination security 109.72/7.1551 NA 107.09/7.1939 103.50/7.2593 108.32/7.2969 108.52/7.3633 

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹19,200 Crore (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1 Andhra Pradesh 450 - 7 Yield 1000 - 14 Yield 1000 - 20 Yield 2 Assam 750 - 7 Yield

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