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Auction for Sale (Re-issue) of 4.26% GS 2023, and 5.85% GS 2030 and 6.76% GS 2061 The Government of India (GoI) has announced the Sale (Re-issue) of (i) 4.26% Government Security, 2023 for a notified amount ofRs 3,000 crore(nominal) through price based auction, (ii)5.85% Government Security, 2
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FAQ :
The Government of India is re-issuing '4.26% Government Security, 2023', '5.85% Government Security, 2030', and '6.76% GS 2061'.
The notified amounts are Rs 3,000 crore for '4.26% GS 2023', 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 on May 28, 2021, using the multiple price method.
Both competitive and non-competitive bids must be submitted in electronic format on the Reserve Bank of India's E-Kuber system on May 28, 2021.
Non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m., and competitive bids between 10:30 a.m. and 11:30 a.m.
The results will be announced on May 28, 2021, and payment by successful bidders will be on May 31, 2021.
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