The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter July – September 2024, is expected to be ₹2,63,562 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under:
Month Proposed Date Expected quantum of borrowing (in ₹ Crore) States/UTs who have confirmed participation and the tentative amount of borrowing (in ₹ Crore) July, 2024 July 02, 2024 14,100 Andhra Pradesh 5,000 Jammu and Kashmir 500 Kerala 1,500 Manipur 200 Meghalaya 400 Punjab 2,500 Tamil Nadu 2,000 Telangana 2,000 July 09, 2024 10,200 Andhra Pradesh 2,000 Goa 100 Haryana 1,500 Jammu and Kashmir 400 Maharashtra 4,000 Meghalaya 200 Punjab 500 Tamil Nadu 1,000 Tripura 500 July 16, 2024 12,990 Haryana 1,000 Himachal Pradesh 500 Jammu and Kashmir 400 Maharashtra 5,000 Mizoram 90 Punjab 500 Tamil Nadu 1,000 Telangana 2,500 West Bengal 2,000 July 23, 2024 16,100 Goa 100 Gujarat 2,000 Jammu and Kashmir 300 Kerala 500 Madhya Pradesh 3,000 Maharashtra 5,000 Sikkim 200 Tamil Nadu 2,000 West Bengal 3,000 July 30, 2024 26,100 Andhra Pradesh 2,000 Goa 100 Gujarat 2,000 Haryana 1,000 Jammu and Kashmir 300 Jharkhand 1,000 Kerala 1,000 Maharashtra 4,000 Manipur 200 Punjab 2,000 Rajasthan 4,000 Tamil Nadu 4,000 Telangana 2,500 West Bengal 2,000 August, 2024 August 06, 2024 25,490 Andhra Pradesh 3,000 Assam 1,000 Chhattisgarh 1,000 Haryana 1,500 Himachal Pradesh 1,000 Jammu and Kashmir 400 Karnataka 2,000 Kerala 1,000 Maharashtra 5,000 Mizoram 90 Punjab 500 Rajasthan 1,000 Tamil Nadu 2,000 Telangana 1,000 Uttarakhand 500 Uttar Pradesh 3,000 West Bengal 1,500 August 13, 2024 10,450 Bihar 2,000 Chhattisgarh 1,000 Goa 100 Jammu and Kashmir 400 Maharashtra 4,000 Meghalaya 150 Nagaland 200 Punjab 500 Sikkim 100 Telangana 1,000 West Bengal 1,000 August 20, 2024 23,400 Bihar 2,000 Goa 100 Gujarat 1,500 Haryana 1,500 Jammu and Kashmir 300 Karnataka 3,000 Madhya Pradesh 2,000 Maharashtra 5,000 Tamil Nadu 2,000 Telangana 1,000 Uttar Pradesh 3,000 West Bengal 2,000 August 27, 2024 29,400 Andhra Pradesh 2,000 Assam 1,000 Bihar 2,000 Goa 100 Gujarat 2,000 Haryana 1,000 Jammu and Kashmir 300 Jharkhand 1,000 Kerala 1,000 Madhya Pradesh 2,000 Maharashtra 4,000 Punjab 1,000 Rajasthan 4,000 Tamil Nadu 4,000 Telangana 2,000 West Bengal 2,000 September, 2024 September 03, 2024 27,500 Andhra Pradesh 3,000 Assam 1,500 Gujarat 1,500 Haryana 1,500 Himachal Pradesh 1,500 Jammu and Kashmir 400 Karnataka 2,000 Kerala 1,000 Maharashtra 5,000 Manipur 100 Odisha 1,000 Punjab 2,000 Rajasthan 1,000 Tamil Nadu 1,000 Uttarakhand 500 Uttar Pradesh 3,000 West Bengal 1,500 September 10, 2024 12,540 Bihar 2,000 Goa 100 Jammu and Kashmir 400 Kerala 1,000 Maharashtra 4,000 Meghalaya 450 Mizoram 90 Punjab 1,000 Telangana 2,000 West Bengal 1,500 September 17, 2024 28,336 Bihar 2,000 Chhattisgarh 500 Goa 100 Gujarat 2,000 Haryana 1,500 Jammu and Kashmir 300 Jharkhand 1,000 Karnataka 3,000 Madhya Pradesh 2,000 Maharashtra 5,000 Nagaland 250 Odisha 1,000 Punjab 186 Rajasthan 1,500 Tamil Nadu 1,000 Telangana 1,000 Uttar Pradesh 3,000 West Bengal 3,000 September 24, 2024 26,956 Bihar 2,000 Chhattisgarh 500 Goa 100 Gujarat 2,000 Haryana 1,500 Jammu and Kashmir 256 Madhya Pradesh 2,000 Maharashtra 5,000 Puducherry 400 Rajasthan 4,000 Sikkim 200 Tamil Nadu 4,000 Telangana 1,000 Uttarakhand 500 West Bengal 3,500 Total 2,63,562 2,63,562
The actual amount of borrowings and the details of the States/UTs participating would be intimated by way of press releases two/ three days prior to the actual auction day and would depend on the requirement of the State Governments/UTs, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions. RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter. RBI reserves the right to modify the dates and the amount of auction in consultation with State Governments/UTs.
(Puneet Pancholy)
Chief General Manager
Press Release: 2024-2025/591