Quick Summary
The Government of India (GoI) has announced the Sale (Re-issue) of (i) 3.96% Government Security, 2022 for a notified amount ofRs 3,000 crore(nominal) throughprice based auction, (ii) 5.85% Government Security, 2030 for a notified amount ofRs 14,000 crore(nominal) throughprice based auction, and (iii) 6.76% GS 2061 for a notified amount ofRs 9,000 crore(nominal) throughprice based auction. GoI will have the option to retain additional subscription up toRs6,000 croreagainst above security/securit
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FAQ :
The Government of India is re-issuing the '3.96% Government Security, 2022', '5.85% Government Security, 2030', and '6.76% GS 2061'.
The notified amounts are Rs 3,000 crore for 3.96% GS 2022, Rs 14,000 crore for 5.85% GS 2030, and Rs 9,000 crore for 6.76% GS 2061.
The auctions will be conducted by the Reserve Bank of India, Mumbai Office.
The auctions are scheduled for April 30, 2021.
Both competitive and non-competitive bids must be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system.
The results will be announced on April 30, 2021, and payment by successful bidders will be on May 03, 2021.
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