Quick Summary
Auction for Sale (Re-Issue) of (i) 5.63% GS 2026, (ii) GoI Floating Rate Bond 2033, (iii) 6.64% GS 2035, and (iv) 6.67% GS 2050 The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.63% Government Security, 2026 for a notified amount ofRs 11,000 crore(nominal) throughprice base
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The auction includes the '5.63% Government Security, 2026', 'GoI Floating Rate Bonds, 2033', '6.64% Government Security, 2035', and '6.67% Government Security, 2050'.
The auctions will be conducted on May 7, 2021.
The total notified amount for the auction is Rs 11,000 crore for 5.63% GS 2026, Rs 4,000 crore for GoI Floating Rate Bonds 2033, Rs 10,000 crore for 6.64% GS 2035, and Rs 7,000 crore for 6.67% GS 2050, totalling Rs 37,000 crore.
Yes, up to 5% of the notified amount will be allotted to eligible individuals and institutions under the Non-Competitive Bidding Facility.
Both competitive and non-competitive bids must be submitted in electronic format on the Reserve Bank of India's E-Kuber system on May 7, 2021.
The results will be announced on May 7, 2021, and payment by successful bidders will be on May 10, 2021.
CAclubindia
