Press Releases - RBI - Reserve Bank of India
Press Releases
May 04, 2023
RBI announces rate of interest on Government of India Floating Rate Bond 2024
The rate of interest on Government of India Floating Rate Bond 2024 (FRB 2024) applicable for the half year May 07, 2023 to November 06, 2023 shall be 6.97 per cent per annum. It may be recalled that the rate of interest on the FRB 2024 shall be reset at the average rate (rounded off up to two decimal places) of the implicit yields, at the cut-off prices of the last three auctions of Government of India 182-days Treasury Bills, held up to the period preceding the coup
The rate of interest on Government of India Floating Rate Bond 2024 (FRB 2024) applicable for the half year May 07, 2023 to November 06, 2023 shall be 6.97 per cent per annum. It may be recalled that the rate of interest on the FRB 2024 shall be reset at the average rate (rounded off up to two decimal places) of the implicit yields, at the cut-off prices of the last three auctions of Government of India 182-days Treasury Bills, held up to the period preceding the coup
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May 04, 2023
Government Stock - Full Auction Results
Auction Results 7.06% GS 2028 7.26% GS 2033 7.36% GS 2052 I. Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore II. Underwriting Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore III. Competitive Bids Received (i) Number 122 206 182 (ii) Amount ₹17051.945 Crore ₹25632 Crore ₹27971 Crore IV. Cut-off price / Yield 100.48 101.53 102.23 (YTM: 6.9413%) (YTM: 7.0381%) (YTM: 7.1757%) V. Competitive Bids Accepted (i) Number 40 150 52 (ii) Amount ₹7994.570 Crore ₹
Auction Results 7.06% GS 2028 7.26% GS 2033 7.36% GS 2052 I. Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore II. Underwriting Notified Amount ₹8,000 Crore ₹14,000 Crore ₹11,000 Crore III. Competitive Bids Received (i) Number 122 206 182 (ii) Amount ₹17051.945 Crore ₹25632 Crore ₹27971 Crore IV. Cut-off price / Yield 100.48 101.53 102.23 (YTM: 6.9413%) (YTM: 7.0381%) (YTM: 7.1757%) V. Competitive Bids Accepted (i) Number 40 150 52 (ii) Amount ₹7994.570 Crore ₹
May 04, 2023
Government Stock - Auction Results: Cut-off
7.06% GS 2028 7.26% GS 2033 7.36% GS 2052 I. Notified Amount ₹8,000 crore ₹14,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 100.48/6.9413% 101.53/7.0381% 102.23/7.1757% III. Amount accepted in the auction ₹8,000 crore ₹14,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/179
7.06% GS 2028 7.26% GS 2033 7.36% GS 2052 I. Notified Amount ₹8,000 crore ₹14,000 crore ₹11,000 crore II. Cut off Price / Implicit Yield at cut-off 100.48/6.9413% 101.53/7.0381% 102.23/7.1757% III. Amount accepted in the auction ₹8,000 crore ₹14,000 crore ₹11,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director (Communications) Press Release: 2023-2024/179
May 03, 2023
Underwriting Auction for sale of Government Securities for ₹33,000 crore on May 04, 2023
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on May 04, 2023. 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: (₹ crore) Security Notified Amount M
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on May 04, 2023. 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: (₹ crore) Security Notified Amount M
May 03, 2023
Premature redemption under Sovereign Gold Bond (SGB) Scheme - Redemption Price for premature redemption due on May 04, 2023 (Series I of SGB 2018-19)
In terms of GOI Notification F. No. 4(8) - W&M/2018 dated April 13, 2018 (SGB 2018-19, Series I - Issue date May 04, 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 first due date of premature redemption of the above tranche shall be May 04, 2023. 2. Further, the redemption price of SGB shall be based on the s
In terms of GOI Notification F. No. 4(8) - W&M/2018 dated April 13, 2018 (SGB 2018-19, Series I - Issue date May 04, 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 first due date of premature redemption of the above tranche shall be May 04, 2023. 2. Further, the redemption price of SGB shall be based on the s
May 03, 2023
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹12000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 109 126 188 (ii) Amount ₹25020.44 Crore ₹27213.50 Crore ₹38466 Crore III. Cut-off price / Yield 98.3092 96.6325 93.4786 (YTM: 6.8984%) (YTM: 6.9889%) (YTM: 6.9955%) IV. Competitive Bids Accepted (i) Number 70 64 27 (ii) Amount ₹11961.978 Crore ₹11969.542 Crore ₹7970.357 Crore V. Partial Allotment Percentage of Competitive Bids 77.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹12000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 109 126 188 (ii) Amount ₹25020.44 Crore ₹27213.50 Crore ₹38466 Crore III. Cut-off price / Yield 98.3092 96.6325 93.4786 (YTM: 6.8984%) (YTM: 6.9889%) (YTM: 6.9955%) IV. Competitive Bids Accepted (i) Number 70 64 27 (ii) Amount ₹11961.978 Crore ₹11969.542 Crore ₹7970.357 Crore V. Partial Allotment Percentage of Competitive Bids 77.
May 03, 2023
91 days, 182 days and 364 days T-Bill Auction Result: Cut off
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3092 (YTM: 6.8984%) 96.6325 (YTM: 6.9889%) 93.4786 (YTM: 6.9955%) IV. Total Face Value Accepted ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/170
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3092 (YTM: 6.8984%) 96.6325 (YTM: 6.9889%) 93.4786 (YTM: 6.9955%) IV. Total Face Value Accepted ₹12,000 Crore ₹12,000 Crore ₹8,000 Crore Ajit Prasad Director (Communications) Press Release: 2023-2024/170
May 02, 2023
State Government Securities - Full Auction Result
The Result of the auction of State Government Securities held on May 02, 2023. (Amount in ₹ Crore) KERALA 2048 MANIPUR 2035 PUNJAB 2043* Notified Amount 1500 200 1000 Tenure 25 12 20 Competitive Bids Received (i) No. 27 30 40 (ii) Amount 4550 1270 4230 Cut-off Yield (%) 7.46 7.49 7.47 Competitive Bids Accepted (i) No. 4 5 3 (ii) Amount 1499.947 199.117 1495.912 Partial Allotment Percentage of Competitive Bids (i) Percentage 24.9974 43.6871 66.3941 (ii) No. (2 bids) (3
The Result of the auction of State Government Securities held on May 02, 2023. (Amount in ₹ Crore) KERALA 2048 MANIPUR 2035 PUNJAB 2043* Notified Amount 1500 200 1000 Tenure 25 12 20 Competitive Bids Received (i) No. 27 30 40 (ii) Amount 4550 1270 4230 Cut-off Yield (%) 7.46 7.49 7.47 Competitive Bids Accepted (i) No. 4 5 3 (ii) Amount 1499.947 199.117 1495.912 Partial Allotment Percentage of Competitive Bids (i) Percentage 24.9974 43.6871 66.3941 (ii) No. (2 bids) (3
May 02, 2023
Result of Yield/Price Based Auction of State Government Securities
Sr. No States Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Years) 1 Kerala 1500 1500 7.46 25 2 Manipur 200 200 7.49 12 3 Punjab* 1000 1500 7.47 20 1000 1000 100.89/7.4606 Reissue of 7.59% Punjab SGS 2033 issued on April 12, 2023 1000 500.01 101.44/7.4581 Reissue of 7.62% Punjab SGS 2038 issued on April 19, 2023 4 Rajasthan 1500 1500 7.45 10 1000 1000 103.11/7.4191 Reissue of 8.07% Rajasthan SDL 2029 issued on May 08, 2019 5 Tamil N
Sr. No States Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Years) 1 Kerala 1500 1500 7.46 25 2 Manipur 200 200 7.49 12 3 Punjab* 1000 1500 7.47 20 1000 1000 100.89/7.4606 Reissue of 7.59% Punjab SGS 2033 issued on April 12, 2023 1000 500.01 101.44/7.4581 Reissue of 7.62% Punjab SGS 2038 issued on April 19, 2023 4 Rajasthan 1500 1500 7.45 10 1000 1000 103.11/7.4191 Reissue of 8.07% Rajasthan SDL 2029 issued on May 08, 2019 5 Tamil N
Apr 28, 2023
Results of Underwriting Auctions Conducted on April 28, 2023
In the underwriting auctions conducted on April 28, 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 Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate
In the underwriting auctions conducted on April 28, 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 Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate
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Page Last Updated on: July 22, 2024
