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

(423 kb)

Date : Aug 16, 2019

Government Stock - Auction Results: Cut-off

		7.32% GS 2024	7.26% GS 2029	7.69% GS 2043	7.72% GS 2049
I.	Notified Amount	₹ 5000 cr	₹ 6000 cr	₹ 2000 cr	₹ 4000 cr
II.	Cut off Price / Implicit Yield at cut-off	103.64/6.3648%	104.61/6.5930%	107.33/7.0493%	108.95/6.9999%
III.	Amount accepted in the auction	₹ 5000 cr	₹ 7000 cr*	₹ 1000 cr	₹ 4000 cr
IV.	Devolvement on Primary Dealers	Nil	Nil	Nil	Nil
*Green Shoe of ₹ 1000 crore exercised in 7.26% GS 2029