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

(92 kb)

Date : Aug 11, 2017

Government Stock - Auction Results: Cut-off

		GoI FRB 2024	6.79% GS 2027	7.73% GS 2034	7.06% GS 2046
I.	Notified Amount	₹ 3000.00Cr	₹ 8000.00Cr	₹ 2000.00Cr	₹ 2000.00Cr
II.	Cut-off Price / Yield	₹ 97.28	₹ 102.05	₹ 106.42	₹ 99.74
II.	Implicit Yield at cut-off	(YTM: 6.7471%)	(YTM: 6.5010%)	(YTM: 7.0800%)	(YTM: 7.0801%)
III.	Amount accepted in the auction	₹ 3000.00Cr	₹ 8000.00Cr	₹ 2000.00Cr	₹ 2000.00Cr
IV.	Devolvement on Primary Dealers	NIL	NIL	NIL	NIL