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Auction for Sale (re-issue) of (i) ‘6.79% GS 2031’, (ii) ‘6.98% GOI SGrB 2054’ and (iii) ‘7.09% GS 2074’

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..... Auction for Sale (re-issue) of (i) ‘6.79% GS 2031’, (ii) ‘6.98% GOI SGrB 2054’ and (iii) ‘7.09% GS 2074’
News and Press Release
Dated:- 12-4-2025

The Government of India (GoI) has announced the sale (re-issue) of (i) "6.79% Government Security 2031" for a notified amount of Rs.11,000 crore (nominal) through price based auction using multiple price me .....

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..... thod, (ii) "6.98% GOI SGrB 2054" for a notified amount of Rs.5,000 crore (nominal) through price based auction using multiple price method and (iii) "7.09% Government Security 2074" for a notified amount of Rs.14,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain addit .....

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..... ional subscription up to Rs.2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on April 17, 2025 (Thursday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Gov .....

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..... ernment Securities. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber system) on April 17, 2025. The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. The result of .....

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..... the auctions will be announced on April 17, 2025 (Thursday) and payment by successful bidders will be on April 21, 2025 (Monday).     The Securities will be eligible for "When Issued" trading in accordance with the guidelines on 'When Issued transactions in Central Government Securities' issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated .....

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..... July 24, 2018 as amended from time to time.
News - Press release - PIB .....

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