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

(227 kb)

Date : Mar 15, 2019

Government Stock - Auction Results: Cut-off

		7.00% GS 2021	8.24% GS 2027	7.95% GS 2032*	7.40% GS 2035	8.17% GS 2044
I.	Notified Amount	₹ 2000 cr.	₹ 4000 cr.	₹ 7000 cr.	₹ 2000 cr.	₹ 3000 cr.
II.	Cut off Price / Implicit Yield at cut-off	100.73 / 6.5656 %	103.98 / 7.5603 %	101.06 / 7.8203 %	95.91 / 7.8462 %	104.29 / 7.7799 %
III.	Amount accepted in the auction	₹ 2000 cr.	₹ 4000 cr.	₹ 8000 cr.*	₹ 2000 cr.	₹ 2000 cr.
IV.	Devolvement on Primary Dealers	Nil	Nil	Nil	Nil	Nil
*Green Shoe of ₹ 1000 cr exercised in 7.95% GS 2032