GoI announces Sale (Re-Issue) of GS 2026/2033/2035/2050



Quick Summary
The Government of India has announced the re-issue of four Government Securities (GS) with varying interest rates and maturity dates. These include '5.63% GS 2026', 'GoI Floating Rate Bond 2033', '6.64% GS 2035', and '6.67% GS 2050'. The auctions, conducted by the Reserve Bank of India, will take place on June 18, 2021, with results announced the same day and payment due on June 21, 2021.

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, 2026for a notified amount of Rs11,000 crore(nominal) throughprice based
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FAQ :

The Government of India is re-issuing '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 Friday, June 18, 2021.

The auctions will be conducted by the Reserve Bank of India, Mumbai Office.

The total notified amount is Rs 11,000 crore for '5.63% GS 2026', Rs 4,000 crore for 'GoI Floating Rate Bond 2033', Rs 10,000 crore for '6.64% GS 2035', and Rs 7,000 crore for '6.67% GS 2050'.

Payment by successful bidders will be on Monday, June 21, 2021.

Both competitive and non-competitive bids should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on June 18, 2021.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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