BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release

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Date : Sep 15, 2023

Government Stock - Auction Results: Cut-off

		7.17% GS 2030	7.18% GS 2037	7.25% GS 2063
I.	Notified Amount	₹7,000 crore	₹12,000 crore	₹12,000 crore
II.	Cut off Price / Implicit Yield at cut-off	100.10/7.1490%	99.36/7.2525%	99.04/7.3233%
III.	Amount accepted in the auction	₹7,000 crore	₹12,000 crore	₹12,000 crore
IV.	Devolvement on Primary Dealers	NIL	NIL	NIL