Quick Summary
The Government of India (GoI) has announced the Sale (Re-issue) of (i) 3.96% Government Security, 2022 for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) 5.15% Government Security, 2025 for a notified amount of Rs 12,000 crore (nominal) through price based auction, (
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FAQ :
The Government of India is re-issuing a 3.96% Government Security, 2022; a 5.15% Government Security, 2025; a 5.85% Government Security, 2030; and a GoI FRB 2033.
The auctions will be conducted on March 5, 2021.
The auctions will be conducted by the Reserve Bank of India, Mumbai Office.
The notified amounts are Rs 3,000 crore for the 3.96% security, Rs 12,000 crore for the 5.15% security, Rs 12,000 crore for the 5.85% security, and Rs 4,000 crore for the GoI FRB 2033.
Both competitive and non-competitive bids must be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system.
The results will be announced on March 5, 2021, and payment by successful bidders will be on March 8, 2021.
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