Press Releases

The 599th meeting of the Central Board of Directors of Reserve Bank of India was held today in Kolkata under the Chairmanship of Shri Shaktikanta Das, Governor. The Board in its meeting reviewed the current economic situation, global and domestic challenges including geopolitical developments, finance and trade. The Board also discussed the activities of select Central Office Departments and the draft Report on the Trend and Progress of Banking in India, 2021-22. Depu

Auction Results 6.69% GS 2024 7.10% GS 2029 New GS 2036 7.40% GS 2062 I. Notified Amount ₹4000 Crore ₹6000 Crore ₹11000 Crore ₹9000 Crore II. Underwriting Notified Amount ₹4000 Crore ₹6000 Crore ₹11000 Crore ₹9000 Crore III. Competitive Bids Received (i) Number 51 119 214 169 (ii) Amount ₹7935.521 Crore ₹12733.675 Crore ₹25685.025 Crore ₹20283.269 Crore IV. Cut-off price / Yield 99.64 99.09 - 99.35 (YTM: 6.9416%) (YTM: 7.2791%) (YTM: 7.4100%) (YTM: 7.4499%) V. Competi

6.69% GS 2024 7.10% GS 2029 New GS 2036 7.40% GS 2062 I. Notified Amount ₹4,000 crore ₹6,000 crore ₹11,000 crore ₹9,000 crore II. Cut off Price / Implicit Yield at cut-off 99.64/6.9416% 99.09/7.2791% 7.4100% 99.35/7.4499% III. Amount accepted in the auction ₹4,000 crore ₹6,000 crore ₹11,000 crore ₹9,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL NIL Rupambara Director (Communications) Press Release: 2022-2023/1378

Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on December 16, 2022. 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 Notifi

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 4,85,240.71 5.99 0.01-8.00 I. Call Money 10,717.11 6.10 4.40-6.15 II. Triparty Repo 3,51,156.55 5.98 5.95-6.13 III. Market Repo 1,23,192.05 6.01 0.01-6.10 IV. Repo in Corporate Bond 175.00 6.68 6.15-8.00 B. Term Segment I. Notice Money** 184.70 5.98 5.20-6.10 II. Term Money@@ 250.00 - 6.00-6.50 III. Triparty Repo 0.00 - - IV. Market Repo

Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds (SGBs) in tranches as per the calendar specified below: S. No. Tranche Date of Subscription Date of Issuance 1. 2022-23 Series III December 19- December 23, 2022 December 27, 2022 2. 2022-23 Series IV March 06 –March 10, 2023 March 14, 2023 The SGBs will be sold through Scheduled Commercial banks (except, Small Finance Banks, Payment Banks and Regional Rural

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on December 16, 2022, Friday, as under: Sl. No. Notified Amount (₹ crore) Tenor(day) Window Timing Date of Reversal 1 1,50,000 14 10:30 AM to 11:00 AM December 30, 2022 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. Rupambara Director (Communications) Press Release: 2022-2023/1372

The Reserve Bank has today released data on Money Supply for the fortnight ended December 02, 2022. Rupambara Director (Communications) Press Release: 2022-2023/1371

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 4,77,642.59 5.98 4.30-7.95 I. Call Money 10,708.90 6.08 4.30-6.20 II. Triparty Repo 3,44,865.65 5.97 5.00-6.01 III. Market Repo 1,22,008.04 5.99 5.00-6.10 IV. Repo in Corporate Bond 60.00 7.95 7.95-7.95 B. Term Segment I. Notice Money** 24.50 5.74 5.70-6.05 II. Term Money@@ 285.83 - 5.75-6.50 III. Triparty Repo 25.00 6.01 6.00-6.05 IV. M

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 December 19, 2022 (Monday) 7.37% GS 2023 (Maturing Apr 16, 2023) ₹1,000 crore 6.79% GS 2029 (Maturing Dec 26, 2029) 8.83% GS 2023 (Maturing Nov 25, 2023) ₹1,000 crore 6.7