The Government of India has announced a re-issue auction for three Government Securities (GS): 5.15% GS 2025, 5.85% GS 2030, and 6.76% GS 2061. The auctions, conducted by the Reserve Bank of India on March 19, 2021, will accept bids for specified nominal amounts, with an option to retain additional subscriptions. Both competitive and non-competitive bids will be submitted electronically via the E-Kuber system.
Auction for Sale (Re-issue) of 5.15% GS 2025, 5.85% GS 2030 and 6.76% GS 2061
The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.15% Government Security, 2025 for a notified amount ofRs 11,000 crore(nominal) throughprice based auction, (ii) 5.85% Government Security, 2030 for a notified amount ofRs 11,000 crore(nominal) throughprice based auction, and (iii) 6.76% Government Security, 2061 for a notified amount ofRs 7,000 crore(nominal) throughprice based auction. GoI wil
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FAQ :
The Government of India is re-issuing the 5.15% Government Security, 2025; the 5.85% Government Security, 2030; and the 6.76% Government Security, 2061.
The notified amounts are Rs 11,000 crore for 5.15% GS 2025, Rs 11,000 crore for 5.85% GS 2030, and Rs 7,000 crore for 6.76% GS 2061.
The auctions will be conducted on March 19, 2021 (Friday).
The auctions will be conducted by the Reserve Bank of India, Mumbai Office.
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 of the auctions will be announced on March 19, 2021.