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Official Website of Reserve Bank of India
Press Releases
Jul 23, 2021
Auction of State Government Securities
The following State Governments have offered to sell securities by way of auction, for an aggregate amount of ₹ 7,000 Cr. (Face Value). Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Tamil Nadu 2000 - 10 Yield 2 Uttar Pradesh 2500 - 10 Yield 3 West Bengal 2500 - 9 Yield TOTAL 7,000 The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 27, 202
The following State Governments have offered to sell securities by way of auction, for an aggregate amount of ₹ 7,000 Cr. (Face Value). Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Tamil Nadu 2000 - 10 Yield 2 Uttar Pradesh 2500 - 10 Yield 3 West Bengal 2500 - 9 Yield TOTAL 7,000 The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 27, 202
Jul 23, 2021
Government Stock - Auction Results: Cut-off
4.26% GS 2023* 6.10% GS 2031 6.76% GS 2061** I. Notified Amount ₹3,000 cr ₹14,000 cr ₹9,000 cr II. Cut off Price / Implicit Yield at cut-off 100.02/4.2453% 99.63/6.1498% 94.39/7.1890% III. Amount accepted in the auction ₹3,750 cr ₹2,855.855 cr ₹11,250 cr IV. Devolvement on Primary Dealers NIL ₹11,144.145 cr NIL * Greenshoe amount of ₹750 crore has been accepted ** Greenshoe amount of ₹2,250 crore has been accepted Rupambara Director Press Release: 2021-2022/576
4.26% GS 2023* 6.10% GS 2031 6.76% GS 2061** I. Notified Amount ₹3,000 cr ₹14,000 cr ₹9,000 cr II. Cut off Price / Implicit Yield at cut-off 100.02/4.2453% 99.63/6.1498% 94.39/7.1890% III. Amount accepted in the auction ₹3,750 cr ₹2,855.855 cr ₹11,250 cr IV. Devolvement on Primary Dealers NIL ₹11,144.145 cr NIL * Greenshoe amount of ₹750 crore has been accepted ** Greenshoe amount of ₹2,250 crore has been accepted Rupambara Director Press Release: 2021-2022/576
Jul 22, 2021
G-sec Acquisition Programme (G-SAP 2.0) - Second Open Market Purchase of Government of India Securities held on July 22, 2021, and settlement on July 23, 2021
I. SUMMARY – PURCHASE RESULTS Aggregate Amount (Face Value) notified by RBI : ₹ 20,000 crore Total amount offered (Face Value) by participants : ₹ 49,803 crore Total amount accepted (Face Value) by RBI : ₹ 20,000 crore II. DETAILS OF PURCHASE ISSUE Security 6.18% GS 2024 6.97% GS 2026 8.60% GS 2028 6.79% GS 2029 No. of offers received 53 96 40 117 Total amount (face value) offered (₹ in crore) 8,873 14,518 5,948 20,464 No. of offers accepted 22 34 14 21 Total offer am
I. SUMMARY – PURCHASE RESULTS Aggregate Amount (Face Value) notified by RBI : ₹ 20,000 crore Total amount offered (Face Value) by participants : ₹ 49,803 crore Total amount accepted (Face Value) by RBI : ₹ 20,000 crore II. DETAILS OF PURCHASE ISSUE Security 6.18% GS 2024 6.97% GS 2026 8.60% GS 2028 6.79% GS 2029 No. of offers received 53 96 40 117 Total amount (face value) offered (₹ in crore) 8,873 14,518 5,948 20,464 No. of offers accepted 22 34 14 21 Total offer am
Jul 22, 2021
G-sec Acquisition Programme (G-SAP 2.0) - Second Open Market Purchase of Government of India Securities held on July 22, 2021: Cut-Offs
Security 6.18% GS 2024 6.97% GS 2026 8.60% GS 2028 6.79% GS 2029 Total amount notified (₹ in crore) Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 2,523 7,225 2,868 7,384 Cut off yield (%) 5.0493 5.9312 6.3315 6.5003 Cut off price (₹) 103.37 104.52 112.45 101.85 Detailed results will be issued shortly. Ajit Prasad Director Press Release: 2021-2022/570
Security 6.18% GS 2024 6.97% GS 2026 8.60% GS 2028 6.79% GS 2029 Total amount notified (₹ in crore) Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 2,523 7,225 2,868 7,384 Cut off yield (%) 5.0493 5.9312 6.3315 6.5003 Cut off price (₹) 103.37 104.52 112.45 101.85 Detailed results will be issued shortly. Ajit Prasad Director Press Release: 2021-2022/570
Jul 22, 2021
Underwriting Auction for sale of Government Securities for ₹26,000 cr on July 23, 2021
The Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 23, 2021. 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 Minimu
The Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 23, 2021. 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 Minimu
Jul 20, 2021
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 100 125 128 (ii) Amount ₹36181.09 Crore ₹26568 Crore ₹22982 Crore III. Cut-off price / Yield 99.1548 98.2547 96.3725 (YTM: 3.419%) (YTM: 3.5624%) (YTM: 3.7744%) IV. Competitive Bids Accepted (i) Number 17 5 24 (ii) Amount ₹8995.89 Crore ₹3997.756 Crore ₹3999.818 Crore V. Partial Allotment Percentage of Competitive Bids 11.97% 85.44%
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 100 125 128 (ii) Amount ₹36181.09 Crore ₹26568 Crore ₹22982 Crore III. Cut-off price / Yield 99.1548 98.2547 96.3725 (YTM: 3.419%) (YTM: 3.5624%) (YTM: 3.7744%) IV. Competitive Bids Accepted (i) Number 17 5 24 (ii) Amount ₹8995.89 Crore ₹3997.756 Crore ₹3999.818 Crore V. Partial Allotment Percentage of Competitive Bids 11.97% 85.44%
Jul 20, 2021
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 ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1548 (YTM: 3.4190%) 98.2547 (YTM: 3.5624%) 96.3725 (YTM: 3.7744%) IV. Total Face Value Accepted ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2021-2022/564
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1548 (YTM: 3.4190%) 98.2547 (YTM: 3.5624%) 96.3725 (YTM: 3.7744%) IV. Total Face Value Accepted ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2021-2022/564
Jul 19, 2021
Auction of Government of India Dated Securities
The Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹26,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 4.26% GS 2023 May 17, 2023 3,000 F.No.4(3)-B(W&M)/2021 dated July 19, 2021 July 23, 2021 (Friday) July 26, 2021 (Monday) 2 6.10% GS 2031 July 12, 2031 14,000 3 6.76% GS 2061 Feb. 22, 2061 9,000
The Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹26,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 4.26% GS 2023 May 17, 2023 3,000 F.No.4(3)-B(W&M)/2021 dated July 19, 2021 July 23, 2021 (Friday) July 26, 2021 (Monday) 2 6.10% GS 2031 July 12, 2031 14,000 3 6.76% GS 2061 Feb. 22, 2061 9,000
Jul 19, 2021
Result of Auction of State Development Loans of 07 State Governments - Full Auction Result
The Result of the auction of State Development Loans for 07 State Governments held on July 19, 2021. Table (₹ in crore) HARYANA 2032* MAHARASHTRA 2031 MANIPUR 2031 RAJASTHAN 2026 Notified Amount 1000 2000 200 1000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 11 Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 10 5 Competitive Bids Received (i) No. 116 177 31 94 (ii) Amount 3655 5465.768 910 7745 Cut-off Yield (%) - 6.9901 7.01 6.27 Competitive Bids
The Result of the auction of State Development Loans for 07 State Governments held on July 19, 2021. Table (₹ in crore) HARYANA 2032* MAHARASHTRA 2031 MANIPUR 2031 RAJASTHAN 2026 Notified Amount 1000 2000 200 1000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 11 Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 10 5 Competitive Bids Received (i) No. 116 177 31 94 (ii) Amount 3655 5465.768 910 7745 Cut-off Yield (%) - 6.9901 7.01 6.27 Competitive Bids
Jul 19, 2021
Result: Switch/Conversion auction of Government Securities
A. Source Security 5.09% GS 2022 6.84% GS 2022 8.83% GS 2023 8.83% GS 2023 7.32% GS 2024 B. Notified Amount (amount in ₹ cr) 2,000 2,000 2,000 2,000 2,000 Destination Security GOI FRB 2033 GOI FRB 2033 GOI FRB 2033 6.64% GS 2035 6.64% GS 2035 C. i. No. of offers received 36 18 22 11 22 ii. Total amount of Source Security offered (Face value in ₹ cr) 5,146.075 1,835.752 3,075.000 4,925.000 3,764.336 iii. No of offers accepted 12 9 1 3 7 iv. Total amount of source secur
A. Source Security 5.09% GS 2022 6.84% GS 2022 8.83% GS 2023 8.83% GS 2023 7.32% GS 2024 B. Notified Amount (amount in ₹ cr) 2,000 2,000 2,000 2,000 2,000 Destination Security GOI FRB 2033 GOI FRB 2033 GOI FRB 2033 6.64% GS 2035 6.64% GS 2035 C. i. No. of offers received 36 18 22 11 22 ii. Total amount of Source Security offered (Face value in ₹ cr) 5,146.075 1,835.752 3,075.000 4,925.000 3,764.336 iii. No of offers accepted 12 9 1 3 7 iv. Total amount of source secur
Jul 19, 2021
Result of Yield/ Price Based Auction of State Development Loans of State Governments
Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Haryana* 1000 - - 11 2 Maharashtra 2000 2000 98.51/6.9901 Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 3 Manipur 200 200 7.01 10 4 Rajasthan 1000 1000 6.27 5 5 Tamil Nadu 1000 1000 6.97 10 1000 1000 7.24 30 6 Telangana 1000 1000 7.17 20 7 Uttar Pradesh 2500 2500 7.01 10 TOTAL 9700 8700 * Haryana has accepted NIL amount in the 11 year Security.
Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Haryana* 1000 - - 11 2 Maharashtra 2000 2000 98.51/6.9901 Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 3 Manipur 200 200 7.01 10 4 Rajasthan 1000 1000 6.27 5 5 Tamil Nadu 1000 1000 6.97 10 1000 1000 7.24 30 6 Telangana 1000 1000 7.17 20 7 Uttar Pradesh 2500 2500 7.01 10 TOTAL 9700 8700 * Haryana has accepted NIL amount in the 11 year Security.
Jul 16, 2021
Results of Underwriting Auctions Conducted on July 16, 2021
In the underwriting auctions conducted on July 16, 2021 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 July 16, 2021 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
Jul 16, 2021
Auction of State Government Securities - Revised
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹9,700 Cr. (Face Value). The revision is due to the withdrawal of Gujarat. Sr. No. State/ UT Amount to be raised(₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure(Yrs) Type of Auction 1 Haryana 1000 - 11 Yield 2 Maharashtra 2000 - Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 Price 3 Manipur 200 10 Yield 4 Rajasthan 1000 - 5 Yield
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹9,700 Cr. (Face Value). The revision is due to the withdrawal of Gujarat. Sr. No. State/ UT Amount to be raised(₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure(Yrs) Type of Auction 1 Haryana 1000 - 11 Yield 2 Maharashtra 2000 - Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 Price 3 Manipur 200 10 Yield 4 Rajasthan 1000 - 5 Yield
Jul 16, 2021
91 days, 182 days and 364 days Treasury Bills auction
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount (in ₹ crore) Auction Date Settlement Date 1 91 Days 9,000 July 20, 2021 (Tuesday) July 22, 2021 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 17,000 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 Notificat
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount (in ₹ crore) Auction Date Settlement Date 1 91 Days 9,000 July 20, 2021 (Tuesday) July 22, 2021 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 17,000 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 Notificat
Jul 16, 2021
Government Stock - Full Auction Results
The results of the auctions of 5.63% Government Stock 2026 (Re-Issue), GoI FRB 2033 (Re-Issue), 6.64% Government Stock 2035 (Re-Issue) and 6.67% Government Stock 2050 (Re-issue) held on July 16, 2021 are: Auction Results 5.63% GS 2026 GoI FRB 2033 6.64% GS 2035 6.67% GS 2050 I. Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore II. Underwriting Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore III. Competitive Bids Received (i) Number 26
The results of the auctions of 5.63% Government Stock 2026 (Re-Issue), GoI FRB 2033 (Re-Issue), 6.64% Government Stock 2035 (Re-Issue) and 6.67% Government Stock 2050 (Re-issue) held on July 16, 2021 are: Auction Results 5.63% GS 2026 GoI FRB 2033 6.64% GS 2035 6.67% GS 2050 I. Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore II. Underwriting Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore III. Competitive Bids Received (i) Number 26
Jul 16, 2021
Government Stock - Auction Results: Cut-off
5.63% GS 2026 GOI FRB 2033 6.64% GS 2035 6.67% GS 2050 I. Notified Amount ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr II. Cut off Price / Implicit Yield at cut-off 99.81/5.6740% 100.02/4.8541% 98.68/6.7872% 93.51/7.2034% III. Amount accepted in the auction ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr IV. Devolvement on Primary Dealers Nil Nil Nil Nil Ajit Prasad Director Press Release: 2021-2022/544
5.63% GS 2026 GOI FRB 2033 6.64% GS 2035 6.67% GS 2050 I. Notified Amount ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr II. Cut off Price / Implicit Yield at cut-off 99.81/5.6740% 100.02/4.8541% 98.68/6.7872% 93.51/7.2034% III. Amount accepted in the auction ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr IV. Devolvement on Primary Dealers Nil Nil Nil Nil Ajit Prasad Director Press Release: 2021-2022/544
Jul 15, 2021
Auction of State Government Securities
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹11,700 Cr. (Face Value). Sr. No. State/ UT Amount to be raised(₹ Cr) Additional Borrowing (Greenshoe) Option(₹ Cr) Tenure(Yrs) Type of Auction 1 Gujarat 1000 - 9 Yield 1000 500 10 Yield 2 Haryana 1000 - 11 Yield 3 Maharashtra 2000 - Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 Price 4 Manipur 200 10 Yield 5 Rajasthan 1000 - 5 Yield 6 Tamil
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹11,700 Cr. (Face Value). Sr. No. State/ UT Amount to be raised(₹ Cr) Additional Borrowing (Greenshoe) Option(₹ Cr) Tenure(Yrs) Type of Auction 1 Gujarat 1000 - 9 Yield 1000 500 10 Yield 2 Haryana 1000 - 11 Yield 3 Maharashtra 2000 - Re-issue of 6.78% Maharashtra SDL 2031 issued on May 25, 2021 Price 4 Manipur 200 10 Yield 5 Rajasthan 1000 - 5 Yield 6 Tamil
Jul 15, 2021
Conversion/Switch of Government of India (GoI)’s Securities
The Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹10,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities Destination Securities July 19, 2021 5.09% GS 2022 (Maturing on Apr 13, 2022) ₹2,000 crore GoI FRB 2033 (maturing on Sep 22, 2033) 6.84% GS 2022 (Maturing on Dec 19, 2022) ₹2,000 crore GoI
The Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹10,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities Destination Securities July 19, 2021 5.09% GS 2022 (Maturing on Apr 13, 2022) ₹2,000 crore GoI FRB 2033 (maturing on Sep 22, 2033) 6.84% GS 2022 (Maturing on Dec 19, 2022) ₹2,000 crore GoI
Jul 15, 2021
RBI announces Second Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (G-SAP 2.0)
As announced in Press Release dated July 5, 2021, the next purchase under G-SAP 2.0 would be conducted on July 22, 2021 for ₹20,000 crore. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method: Sr. No ISIN Security Date of Maturity Aggregate Amount 1 IN0020190396 6.18% GS 2024 04-Nov-2024 ₹20,000 crore (There is no security-wise notified amount) 2 IN0020160035 6.97% GS 2026 0
As announced in Press Release dated July 5, 2021, the next purchase under G-SAP 2.0 would be conducted on July 22, 2021 for ₹20,000 crore. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi-security auction using the multiple price method: Sr. No ISIN Security Date of Maturity Aggregate Amount 1 IN0020190396 6.18% GS 2024 04-Nov-2024 ₹20,000 crore (There is no security-wise notified amount) 2 IN0020160035 6.97% GS 2026 0
Jul 15, 2021
Underwriting Auction for sale of Government Securities for ₹32,000 cr on July 16, 2021
The Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 16, 2021. 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: (₹ in crore) Security Notified Amount Min
The Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 16, 2021. 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: (₹ in crore) Security Notified Amount Min
Jul 14, 2021
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 105 132 129 (ii) Amount ₹31343 Crore ₹29445 Crore ₹25952 Crore III. Cut-off price / Yield 99.1511 98.239 96.3396 (YTM: 3.4341%) (YTM: 3.595%) (YTM: 3.8099%) IV. Competitive Bids Accepted (i) Number 32 15 14 (ii) Amount ₹8989.26 Crore ₹3988.685 Crore ₹3999.824 Crore V. Partial Allotment Percentage of Competitive Bids 6.25% 11.95% 54.
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 105 132 129 (ii) Amount ₹31343 Crore ₹29445 Crore ₹25952 Crore III. Cut-off price / Yield 99.1511 98.239 96.3396 (YTM: 3.4341%) (YTM: 3.595%) (YTM: 3.8099%) IV. Competitive Bids Accepted (i) Number 32 15 14 (ii) Amount ₹8989.26 Crore ₹3988.685 Crore ₹3999.824 Crore V. Partial Allotment Percentage of Competitive Bids 6.25% 11.95% 54.
Jul 14, 2021
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 ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1511 (YTM: 3.4341%) 98.2390 (YTM: 3.5950%) 96.3396 (YTM: 3.8099%) IV. Total Face Value Accepted ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2021-2022/525
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1511 (YTM: 3.4341%) 98.2390 (YTM: 3.5950%) 96.3396 (YTM: 3.8099%) IV. Total Face Value Accepted ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2021-2022/525
Jul 13, 2021
Result of Auction of State Development Loans of 12 State Governments - Full Auction Result
The Result of the auction of State Development Loans for 12 State Governments held on July 13, 2021. Table (₹ in crore) ANDHRA PRADESH 2036 ANDHRA PRADESH 2035 BIHAR 2028 GOA 2031 Notified Amount 750 1000 2000 100 Underwriting Notified Amount NIL NIL NIL NIL Tenure 15 14 7 10 Competitive Bids Received (i) No. 103 115 127 41 (ii) Amount 2935 3550.3 8990 725 Cut-off Yield (%) 7.14 7.12 6.82 6.99 Competitive Bids Accepted (i) No. 43 29 30 10 (ii) Amount 731.736 941.546 1
The Result of the auction of State Development Loans for 12 State Governments held on July 13, 2021. Table (₹ in crore) ANDHRA PRADESH 2036 ANDHRA PRADESH 2035 BIHAR 2028 GOA 2031 Notified Amount 750 1000 2000 100 Underwriting Notified Amount NIL NIL NIL NIL Tenure 15 14 7 10 Competitive Bids Received (i) No. 103 115 127 41 (ii) Amount 2935 3550.3 8990 725 Cut-off Yield (%) 7.14 7.12 6.82 6.99 Competitive Bids Accepted (i) No. 43 29 30 10 (ii) Amount 731.736 941.546 1
Jul 13, 2021
Result of Yield/ Price Based Auction of State Development Loans of State Governments
Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Andhra Pradesh 1000 1000 7.12 14 750 750 7.14 15 2 Bihar 2000 2000 6.82 7 3 Goa 100 100 6.99 10 4 Gujarat* 1500 2000 6.95 10 5 Madhya Pradesh 2000 2000 7.00 10 6 Maharashtra** 1000 1250 6.95 10 7 Rajasthan 500 500 6.29 5 600 600 7.00 10 8 Tamil Nadu 1000 1000 6.98 10 1000 1000 99.74/6.9863 Re-issue of 6.95% Tamil Nadu SDL 2031 issued on July 07, 2021 9 Telangan
Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Andhra Pradesh 1000 1000 7.12 14 750 750 7.14 15 2 Bihar 2000 2000 6.82 7 3 Goa 100 100 6.99 10 4 Gujarat* 1500 2000 6.95 10 5 Madhya Pradesh 2000 2000 7.00 10 6 Maharashtra** 1000 1250 6.95 10 7 Rajasthan 500 500 6.29 5 600 600 7.00 10 8 Tamil Nadu 1000 1000 6.98 10 1000 1000 99.74/6.9863 Re-issue of 6.95% Tamil Nadu SDL 2031 issued on July 07, 2021 9 Telangan
Jul 12, 2021
Auction of Government of India Dated Securities
The Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 5.63% GS 2026 April 12, 2026 11,000 F.No.4(3)-B(W&M)/2021 dated July 12, 2021 July 16, 2021 (Friday) July 19, 2021 (Monday) 2 GoI FRB 2033 * September 22, 2033 4,000 3 6.64% GS 2035 June 16, 203
The Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 5.63% GS 2026 April 12, 2026 11,000 F.No.4(3)-B(W&M)/2021 dated July 12, 2021 July 16, 2021 (Friday) July 19, 2021 (Monday) 2 GoI FRB 2033 * September 22, 2033 4,000 3 6.64% GS 2035 June 16, 203
Jul 12, 2021
Retail Direct Scheme: Allowing Retail Investors to Open Gilt Accounts with RBI
As part of continuing efforts to increase retail participation in government securities, ‘the RBI Retail Direct’ facility was announced in the Statement of Developmental and Regulatory Policies dated February 05, 2021 for improving ease of access by retail investors through online access to the government securities market – both primary and secondary - along with the facility to open their gilt securities account (‘Retail Direct’) with the RBI. In pursuance of this a
As part of continuing efforts to increase retail participation in government securities, ‘the RBI Retail Direct’ facility was announced in the Statement of Developmental and Regulatory Policies dated February 05, 2021 for improving ease of access by retail investors through online access to the government securities market – both primary and secondary - along with the facility to open their gilt securities account (‘Retail Direct’) with the RBI. In pursuance of this a
Jul 09, 2021
Results of Underwriting Auctions Conducted on July 09, 2021
In the underwriting auctions conducted on July 09, 2021 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 July 09, 2021 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
Jul 09, 2021
Sovereign Gold Bond Scheme 2021-22 Series IV - Issue Price
In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series IV will be open for subscription for the period from July 12 - 16, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. July
In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series IV will be open for subscription for the period from July 12 - 16, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. July
Jul 09, 2021
91 days, 182 days and 364 days Treasury Bills auction
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount(in ₹ crore) Auction Date Settlement date 1 91 Days 9,000 July 14, 2021 (Wednesday) July 15, 2021 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 17,000 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 Notifica
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount(in ₹ crore) Auction Date Settlement date 1 91 Days 9,000 July 14, 2021 (Wednesday) July 15, 2021 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 17,000 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 Notifica
Jul 09, 2021
Auction of State Government Securities
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹17,950 Cr. (Face Value). Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Andhra Pradesh 1000 - 14 Yield 750 - 15 Yield 2 Bihar 2000 - 7 Yield 3 Goa 100 - 10 Yield 4 Gujarat 1500 500 10 Yield 5 Madhya Pradesh 2000 - 10 Yield 6 Maharashtra 1000 250 10 Yield 7 Rajasthan 500 - 5 Yield 6
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹17,950 Cr. (Face Value). Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Andhra Pradesh 1000 - 14 Yield 750 - 15 Yield 2 Bihar 2000 - 7 Yield 3 Goa 100 - 10 Yield 4 Gujarat 1500 500 10 Yield 5 Madhya Pradesh 2000 - 10 Yield 6 Maharashtra 1000 250 10 Yield 7 Rajasthan 500 - 5 Yield 6
Jul 09, 2021
Indicative Calendar of Market borrowings by State Governments/ Union Territories for the Quarter July - September 2021 - Revised
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 July - September 2021, is expected to be ₹1,92,091 crore. Revision is due to addition of Uttar Pradesh with respect to their proposed borrowing in the current quarter. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confi
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 July - September 2021, is expected to be ₹1,92,091 crore. Revision is due to addition of Uttar Pradesh with respect to their proposed borrowing in the current quarter. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confi
Jul 09, 2021
Government Stock - Full Auction Results
The results of the auctions of 4.26% Government Stock 2023 (Re-Issue), New Government Stock 2031 (Issue), 6.76% Government Stock 2061 (Re-Issue) held on July 09, 2021 are: Auction Results 4.26 GS 2023 New GS 2031 6.76% GS 2061 I. Notified Amount ₹3000 Crore ₹14000 Crore ₹9000 Crore II. Underwriting Notified Amount ₹3000 Crore ₹14000 Crore ₹9000 Crore III. Competitive Bids Received (i) Number 71 264 201 (ii) Amount ₹12016.074 Crore ₹28428 Crore ₹23246 Crore IV. Cut-off
The results of the auctions of 4.26% Government Stock 2023 (Re-Issue), New Government Stock 2031 (Issue), 6.76% Government Stock 2061 (Re-Issue) held on July 09, 2021 are: Auction Results 4.26 GS 2023 New GS 2031 6.76% GS 2061 I. Notified Amount ₹3000 Crore ₹14000 Crore ₹9000 Crore II. Underwriting Notified Amount ₹3000 Crore ₹14000 Crore ₹9000 Crore III. Competitive Bids Received (i) Number 71 264 201 (ii) Amount ₹12016.074 Crore ₹28428 Crore ₹23246 Crore IV. Cut-off
Jul 09, 2021
Government Stock - Auction Results: Cut-off
4.26% GS 2023 New GS 2031 6.76% GS 2061 I. Notified Amount ₹3,000 cr ₹14,000 cr ₹9,000 cr II. Cut off Price / Implicit Yield at cut-off 99.87/4.3312% 6.1000 94.45/7.1838% III. Amount accepted in the auction ₹3,000 cr ₹14,000 cr ₹9,000 cr IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director Press Release: 2021-2022/508
4.26% GS 2023 New GS 2031 6.76% GS 2061 I. Notified Amount ₹3,000 cr ₹14,000 cr ₹9,000 cr II. Cut off Price / Implicit Yield at cut-off 99.87/4.3312% 6.1000 94.45/7.1838% III. Amount accepted in the auction ₹3,000 cr ₹14,000 cr ₹9,000 cr IV. Devolvement on Primary Dealers NIL NIL NIL Ajit Prasad Director Press Release: 2021-2022/508
Jul 08, 2021
G-sec Acquisition Programme (G-SAP 2.0) - Open Market Purchase of Government of India Securities held on July 08, 2021, and settlement on July 09, 2021
I. SUMMARY – PURCHASE RESULTS Aggregate Amount (Face Value) notified by RBI : ₹ 20,000 crore Total amount offered (Face Value) by participants : ₹ 80,835 crore Total amount accepted (Face Value) by RBI : ₹ 20,000 crore II. DETAILS OF PURCHASE ISSUE Security 8.24% GS 2027 7.17% GS 2028 7.59% GS 2029 7.88% GS 2030 7.57% GS 2033 No. of offers received 72 127 87 72 79 Total amount (face value) offered (₹ in crore) 8,151 25,546 14,103 9,954 23,081 No. of offers accepted 21
I. SUMMARY – PURCHASE RESULTS Aggregate Amount (Face Value) notified by RBI : ₹ 20,000 crore Total amount offered (Face Value) by participants : ₹ 80,835 crore Total amount accepted (Face Value) by RBI : ₹ 20,000 crore II. DETAILS OF PURCHASE ISSUE Security 8.24% GS 2027 7.17% GS 2028 7.59% GS 2029 7.88% GS 2030 7.57% GS 2033 No. of offers received 72 127 87 72 79 Total amount (face value) offered (₹ in crore) 8,151 25,546 14,103 9,954 23,081 No. of offers accepted 21
Jul 08, 2021
G-sec Acquisition Programme (G-SAP 2.0) - Open Market Purchase of Government of India Securities held on July 08, 2021: Cut-Offs
Security 8.24% GS 2027 7.17% GS 2028 7.59% GS 2029 7.88% GS 2030 7.57% GS 2033 Total amount notified (₹ in crore) Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 4,280 4,973 1,740 3,204 5,803 Cut off yield (%) 6.1714 6.3500 6.5266 6.5017 6.7503 Cut off price (₹) 109.66 104.31 106.34 109.03 106.64 Detailed results will be issued shortly. Ajit Prasad Director Press Release: 2021-2022/503
Security 8.24% GS 2027 7.17% GS 2028 7.59% GS 2029 7.88% GS 2030 7.57% GS 2033 Total amount notified (₹ in crore) Aggregate amount of ₹20,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 4,280 4,973 1,740 3,204 5,803 Cut off yield (%) 6.1714 6.3500 6.5266 6.5017 6.7503 Cut off price (₹) 109.66 104.31 106.34 109.03 106.64 Detailed results will be issued shortly. Ajit Prasad Director Press Release: 2021-2022/503
Jul 08, 2021
Underwriting Auction for sale of Government Securities for ₹ 26,000 cr on July 09, 2021
Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 09 2021. 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 Minimum Und
Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 09 2021. 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 Minimum Und
Jul 07, 2021
Treasury Bills: Full Auction Result
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 87 115 112 (ii) Amount ₹30757.5 Crore ₹20826.5 Crore ₹20681 Crore III. Cut-off price / Yield 99.1487 98.227 96.31 (YTM: 3.4439%) (YTM: 3.6199%) (YTM: 3.8419%) IV. Competitive Bids Accepted (i) Number 33 12 21 (ii) Amount ₹8994.01 Crore ₹3994.169 Crore ₹3999.741 Crore V. Partial Allotment Percentage of Competitive Bids 59.75% 90.87%
Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9000 Crore ₹4000 Crore ₹4000 Crore II. Competitive Bids Received (i) Number 87 115 112 (ii) Amount ₹30757.5 Crore ₹20826.5 Crore ₹20681 Crore III. Cut-off price / Yield 99.1487 98.227 96.31 (YTM: 3.4439%) (YTM: 3.6199%) (YTM: 3.8419%) IV. Competitive Bids Accepted (i) Number 33 12 21 (ii) Amount ₹8994.01 Crore ₹3994.169 Crore ₹3999.741 Crore V. Partial Allotment Percentage of Competitive Bids 59.75% 90.87%
Jul 07, 2021
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 ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1487 (YTM: 3.4439%) 98.2270 (YTM: 3.6199%) 96.3100 (YTM: 3.8419%) IV. Total Face Value Accepted ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2021-2022/496
I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1487 (YTM: 3.4439%) 98.2270 (YTM: 3.6199%) 96.3100 (YTM: 3.8419%) IV. Total Face Value Accepted ₹9,000 Crore ₹4,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2021-2022/496
Jul 06, 2021
Result of Auction of State Development Loans of 12 State Governments - Full Auction Result
The Result of the auction of State Development Loans for 12 State Governments held on July 06, 2021. Table (₹ in crore) ANDHRA PRADESH 2038 ANDHRA PRADESH 2037 ASSAM 2026 BIHAR 2027 Notified Amount 1000 1000 500 2000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 17 16 5 6 Competitive Bids Received (i) No. 86 123 32 60 (ii) Amount 5021 6212.8 2485 4490.97 Cut-off Yield (%) 7.19 7.15 6.33 6.75 Competitive Bids Accepted (i) No. 36 20 2 36 (ii) Amount 944.974 947.44
The Result of the auction of State Development Loans for 12 State Governments held on July 06, 2021. Table (₹ in crore) ANDHRA PRADESH 2038 ANDHRA PRADESH 2037 ASSAM 2026 BIHAR 2027 Notified Amount 1000 1000 500 2000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 17 16 5 6 Competitive Bids Received (i) No. 86 123 32 60 (ii) Amount 5021 6212.8 2485 4490.97 Cut-off Yield (%) 7.19 7.15 6.33 6.75 Competitive Bids Accepted (i) No. 36 20 2 36 (ii) Amount 944.974 947.44
Jul 06, 2021
Result of Yield/ Price Based Auction of State Development Loans of State Governments
Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Andhra Pradesh 1000 1000 7.15 16 1000 1000 7.19 17 2 Assam 500 500 6.33 5 3 Bihar 2000 2000 6.75 6 4 Chhattisgarh 1000 1000 6.82 7 5 Goa 100 100 6.99 10 6 Gujarat 1000 1000 6.91 9 7 Maharashtra* 1000 1500 6.94 10 1000 1000 7.01 11 8 Mizoram 100 100 7.12 13 9 Punjab 1200 1200 99.71/6.9905 Re-issue of 6.95% Punjab SDL 2031 issued on June 30, 2021 10 Rajasthan 100
Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1 Andhra Pradesh 1000 1000 7.15 16 1000 1000 7.19 17 2 Assam 500 500 6.33 5 3 Bihar 2000 2000 6.75 6 4 Chhattisgarh 1000 1000 6.82 7 5 Goa 100 100 6.99 10 6 Gujarat 1000 1000 6.91 9 7 Maharashtra* 1000 1500 6.94 10 1000 1000 7.01 11 8 Mizoram 100 100 7.12 13 9 Punjab 1200 1200 99.71/6.9905 Re-issue of 6.95% Punjab SDL 2031 issued on June 30, 2021 10 Rajasthan 100
Jul 05, 2021
Auction of Government of India Dated Securities
Government of India (GOI) has announced the sale (issue/re-issue) of three dated securities for a notified amount of ₹26,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 4.26% GS 2023 May 17, 2023 3,000 F.No.4(3)-B(W&M)/2021 dated July 05, 2021 July 09, 2021 (Friday) July 12, 2021 (Monday) 2 New GS 2031 July 12, 2031 14,000 3 6.76% GS 2061 Feb. 22, 2061 9,000
Government of India (GOI) has announced the sale (issue/re-issue) of three dated securities for a notified amount of ₹26,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 4.26% GS 2023 May 17, 2023 3,000 F.No.4(3)-B(W&M)/2021 dated July 05, 2021 July 09, 2021 (Friday) July 12, 2021 (Monday) 2 New GS 2031 July 12, 2031 14,000 3 6.76% GS 2061 Feb. 22, 2061 9,000
Jul 05, 2021
RBI announces Open Market Purchase of Government of India Securities under G-sec Acquisition Programme (G-SAP 2.0)
As announced in Governor’s statement of June 04, 2021, the Reserve Bank will conduct open market purchase of government securities of ₹1.2 lakh crore under the G-sec Acquisition Programme (G-SAP 2.0) in Q2:2021-22 to support the market. The first purchase of Government securities for an aggregate amount of ₹20,000 crore under G-SAP 2.0 will be conducted on July 08, 2021. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi
As announced in Governor’s statement of June 04, 2021, the Reserve Bank will conduct open market purchase of government securities of ₹1.2 lakh crore under the G-sec Acquisition Programme (G-SAP 2.0) in Q2:2021-22 to support the market. The first purchase of Government securities for an aggregate amount of ₹20,000 crore under G-SAP 2.0 will be conducted on July 08, 2021. 2. Accordingly, the Reserve Bank will purchase the following Government securities through a multi
Jul 02, 2021
Results of Underwriting Auctions Conducted on July 02, 2021
In the underwriting auctions conducted on July 02, 2021 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 July 02, 2021 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
Jul 02, 2021
Government securities auction methodology
On a review of market conditions and market borrowing program of the government, it has been decided that benchmark securities of tenor 2-year, 3-year, 5-year, 10-year, 14-year tenor and Floating Rate Bonds (FRBs) will be, henceforth, issued using uniform price auction method. For other benchmark securities i.e. 30-year and 40-year, the auction will continue to be multiple price-based auction, as hitherto. The above arrangement will continue till further review. (Yoge
On a review of market conditions and market borrowing program of the government, it has been decided that benchmark securities of tenor 2-year, 3-year, 5-year, 10-year, 14-year tenor and Floating Rate Bonds (FRBs) will be, henceforth, issued using uniform price auction method. For other benchmark securities i.e. 30-year and 40-year, the auction will continue to be multiple price-based auction, as hitherto. The above arrangement will continue till further review. (Yoge
Jul 02, 2021
Auction of State Government Securities - Revised
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹ 14,400 Cr. (Face Value). The revision is due to the addition of Chhattisgarh. Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Andhra Pradesh 1000 - 16 Yield 1000 - 17 Yield 2 Assam 500 - 5 Yield 3 Bihar 2000 - 6 Yield 4 Chhattisgarh 1000 - 7 Yield 5 Goa 100 - 10 Yield 6 Gujarat 100
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹ 14,400 Cr. (Face Value). The revision is due to the addition of Chhattisgarh. Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Andhra Pradesh 1000 - 16 Yield 1000 - 17 Yield 2 Assam 500 - 5 Yield 3 Bihar 2000 - 6 Yield 4 Chhattisgarh 1000 - 7 Yield 5 Goa 100 - 10 Yield 6 Gujarat 100
Jul 02, 2021
91 days, 182 days and 364 days Treasury Bills auction
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount(in ₹ crore) Auction Date Settlement date 1 91 Days 9,000 July 07, 2021 (Wednesday) July 08, 2021 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 17,000 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 Notifica
Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount(in ₹ crore) Auction Date Settlement date 1 91 Days 9,000 July 07, 2021 (Wednesday) July 08, 2021 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 17,000 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 Notifica
Jul 02, 2021
Government Stock - Full Auction Results
The results of the auctions of 5.63% Government Stock 2026 (Re-Issue), GoI FRB 2033 (Re-Issue), 6.64% Government Stock 2035 (Re-Issue) and 6.67% Government Stock 2050 (Re-issue) held on July 02, 2021 are: Auction Results 5.63% GS 2026 GoI FRB 2033 6.64% GS 2035 * 6.67% GS 2050 I. Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore II. Underwriting Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore III. Competitive Bids Received (i) Number
The results of the auctions of 5.63% Government Stock 2026 (Re-Issue), GoI FRB 2033 (Re-Issue), 6.64% Government Stock 2035 (Re-Issue) and 6.67% Government Stock 2050 (Re-issue) held on July 02, 2021 are: Auction Results 5.63% GS 2026 GoI FRB 2033 6.64% GS 2035 * 6.67% GS 2050 I. Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore II. Underwriting Notified Amount ₹11000 Crore ₹4000 Crore ₹10000 Crore ₹7000 Crore III. Competitive Bids Received (i) Number
Jul 02, 2021
Government Stock - Auction Results: Cut-off
5.63% GS 2026 GOI FRB 2033 6.64% GS 2035* 6.67% GS 2050 I. Notified Amount ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr II. Cut off Price/Implicit Yield at cut-off 99.60/5.7246% 99.90/4.9251% 99.07/6.7433% 94.31/7.1345% III. Amount accepted in the auction ₹505.222 cr ₹4000 cr ₹12,500 cr ₹7,000 cr IV. Devolvement on Primary Dealers ₹10,494.778 cr Nil Nil Nil * Greenshoe amount of ₹2,500 crore has been accepted Ajit Prasad Director Press Release: 2021-2022/477
5.63% GS 2026 GOI FRB 2033 6.64% GS 2035* 6.67% GS 2050 I. Notified Amount ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr II. Cut off Price/Implicit Yield at cut-off 99.60/5.7246% 99.90/4.9251% 99.07/6.7433% 94.31/7.1345% III. Amount accepted in the auction ₹505.222 cr ₹4000 cr ₹12,500 cr ₹7,000 cr IV. Devolvement on Primary Dealers ₹10,494.778 cr Nil Nil Nil * Greenshoe amount of ₹2,500 crore has been accepted Ajit Prasad Director Press Release: 2021-2022/477
Jul 01, 2021
Auction of State Government Securities
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹13,400 Cr. (Face Value). Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure(Yrs) Type of Auction 1 Andhra Pradesh 1000 - 16 Yield 1000 - 17 Yield 2 Assam 500 - 5 Yield 3 Bihar 2000 - 6 Yield 4 Goa 100 - 10 Yield 5 Gujarat 1000 - 9 Yield 6 Maharashtra 1000 500 10 Yield 1000 - 11 Yield 7 Mizoram 100 - 13 Yield
The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹13,400 Cr. (Face Value). Sr. No. State/ UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure(Yrs) Type of Auction 1 Andhra Pradesh 1000 - 16 Yield 1000 - 17 Yield 2 Assam 500 - 5 Yield 3 Bihar 2000 - 6 Yield 4 Goa 100 - 10 Yield 5 Gujarat 1000 - 9 Yield 6 Maharashtra 1000 500 10 Yield 1000 - 11 Yield 7 Mizoram 100 - 13 Yield
Jul 01, 2021
Indicative Calendar of Market borrowings by State Governments/ Union Territories for the Quarter July - September 2021
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 July - September 2021, is expected to be ₹ 1,69,591 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: Month Proposed Date Expected quantum
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 July - September 2021, is expected to be ₹ 1,69,591 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: Month Proposed Date Expected quantum
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