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

(232 kb)

Date : Jan 18, 2019

Government Stock - Auction Results: Cut-off

		NI GS 2021	8.24% GS 2027	7.95% GS 2032	7.40% GS 2035	7.06% GS 2046
I.	Notified Amount	₹ 2000 cr.	₹ 2000 cr.	₹ 3000 cr.	₹ 2000 cr.	₹ 3000 cr.
II.	Cut off Price / Implicit Yield at cut-off	7.0000%	103.51/7.6474%	101.61/7.7549%	96.84/7.7395%	92.37/7.7305%
III.	Amount accepted in the auction	₹ 3000 cr.*	₹ 899.581 cr.	₹ 3000 cr.	₹ 1000 cr.	₹ 3000 cr.
IV.	Devolvement on Primary Dealers	Nil	₹ 1100.419 cr.	Nil	Nil	Nil
*Green Shoe of ₹ 1000 cr exercised in NI GS 2021