Press Releases - RBI - Reserve Bank of India
Press Releases
In the underwriting auctions conducted on June 14, 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 2031 11,000 5502 5498 11,000 0.08 7.23% GS 2039 12,000 6006 5994 12,000 0.09 7.34% GS 2064 11,000 5502 5498 11,000 0.12 Auction for the sale of securities will be held on June 14, 2024.
In the underwriting auctions conducted on June 14, 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 2031 11,000 5502 5498 11,000 0.08 7.23% GS 2039 12,000 6006 5994 12,000 0.09 7.34% GS 2064 11,000 5502 5498 11,000 0.12 Auction for the sale of securities will be held on June 14, 2024.
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹9,500 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenure (Year) Type of Auction 1 Gujarat 2000 - 03 Yield 2 Haryana 1500 - 10 Yield 3 Jammu and Kashmir 500 - 27 Yield 4 Punjab 1500 - 09 Yield 5 Rajasthan 2000 - 09 Yield 6 Telangana 1000 - 12 Yield 1000 - 14 Yield
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹9,500 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenure (Year) Type of Auction 1 Gujarat 2000 - 03 Yield 2 Haryana 1500 - 10 Yield 3 Jammu and Kashmir 500 - 27 Yield 4 Punjab 1500 - 09 Yield 5 Rajasthan 2000 - 09 Yield 6 Telangana 1000 - 12 Yield 1000 - 14 Yield
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 14, 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
Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on June 14, 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 ₹4000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 88 119 137 (ii) Amount ₹ 17221.280 Crore ₹ 20217.000 Crore ₹ 24630.125 Crore
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹4000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 88 119 137 (ii) Amount ₹ 17221.280 Crore ₹ 20217.000 Crore ₹ 24630.125 Crore
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹4,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3240 (YTM: 6.8370%) 96.6308 (YTM: 6.9925%) 93.4650 (YTM: 7.0111%) IV. Total Face Value Accepted ₹4,000 Crore ₹4,000 Crore ₹4,000 Crore
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹4,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3240 (YTM: 6.8370%) 96.6308 (YTM: 6.9925%) 93.4650 (YTM: 7.0111%) IV. Total Face Value Accepted ₹4,000 Crore ₹4,000 Crore ₹4,000 Crore
The result of the auction of State Government Securities held on June 11, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2039* ANDHRA PRADESH 2043* ANDHRA PRADESH 2045* HARYANA 2034 Notified Amount 500 500 1000 1000 Tenure 15 19 21 10 Competitive Bids Received (i) No. 48 29 23 88 (ii) Amount 3925 2540.5 4220 6055 Cut off Yield (%) - - - 7.38 Competitive Bids Accepted (i) No. - - - 5 (ii) Amount - - - 909.022
The result of the auction of State Government Securities held on June 11, 2024 is as under: (Amount in ₹Crore) ANDHRA PRADESH 2039* ANDHRA PRADESH 2043* ANDHRA PRADESH 2045* HARYANA 2034 Notified Amount 500 500 1000 1000 Tenure 15 19 21 10 Competitive Bids Received (i) No. 48 29 23 88 (ii) Amount 3925 2540.5 4220 6055 Cut off Yield (%) - - - 7.38 Competitive Bids Accepted (i) No. - - - 5 (ii) Amount - - - 909.022
Sr. No. State / UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1. Andhra Pradesh* 500 - - 15 500 - - 19 1000 - - 21
Sr. No. State / UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1. Andhra Pradesh* 500 - - 15 500 - - 19 1000 - - 21
Government of India (GOI) has announced the sale (issue/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 (Rs. crore) GoI specific Notification Auction Date Settlement Date 1 New GS 2031 Jun 18, 2031 11,000 F.No.4(3)-B(W&M)/2024 dated June 10, 2024 June 14, 2024 (Friday) June 18, 2024 (Tuesday) 2 7.23% GS 2039 Apr 15, 2039 12,000 3 7.34% GS 2064 Apr 22, 2064 11,000 Total 34,000
Government of India (GOI) has announced the sale (issue/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 (Rs. crore) GoI specific Notification Auction Date Settlement Date 1 New GS 2031 Jun 18, 2031 11,000 F.No.4(3)-B(W&M)/2024 dated June 10, 2024 June 14, 2024 (Friday) June 18, 2024 (Tuesday) 2 7.23% GS 2039 Apr 15, 2039 12,000 3 7.34% GS 2064 Apr 22, 2064 11,000 Total 34,000
In terms of GOI Notification F.No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XI-Issue date December 11, 2017) and in terms of GOI Notification F.No.4(7) – B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series I-Issue date June 11, 2019) 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 tranches shall be on June 11, 2024.
In terms of GOI Notification F.No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XI-Issue date December 11, 2017) and in terms of GOI Notification F.No.4(7) – B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series I-Issue date June 11, 2019) 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 tranches shall be on June 11, 2024.
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹ 7,750 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹Crore) Additional Borrowing (Greenshoe) Option (₹Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 15 Yield 500 - 19 Yield 1000 - 21 Yield 2 Haryana 1000 - 10 Yield 3 Jammu and Kashmir 500 - 25 Yield
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹ 7,750 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹Crore) Additional Borrowing (Greenshoe) Option (₹Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 15 Yield 500 - 19 Yield 1000 - 21 Yield 2 Haryana 1000 - 10 Yield 3 Jammu and Kashmir 500 - 25 Yield
Page Last Updated on: January 29, 2025