The Government of India has announced a special auction for the re-issue of two government securities: '5.15% Government Security, 2025' and '5.85% Government Security, 2030'. Each security has a notified amount of Rs 11,000 crore, with the option for the government to retain an additional Rs 2,000 crore. The auctions will be managed by the Reserve Bank of India on February 11, 2021, using a multiple price method.
Special Auction for Sale (Re-issue) of 5.15% GS 2025, and 5.85% GS 2030
The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.15% Government Security, 2025 for a notified amount of Rs 11,000 crore (nominal), and (ii) 5.85% Government Security, 2030 for a notified amount of Rs 1
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FAQ :
The government is re-issuing '5.15% Government Security, 2025' and '5.85% Government Security, 2030'.
The notified amount for each security is Rs 11,000 crore (nominal).
The Reserve Bank of India, Mumbai Office, will conduct the auctions.
The auction will be conducted on February 11, 2021.
Both competitive and non-competitive bids must be submitted electronically on the Reserve Bank of India's E-Kuber system on February 11, 2021.
The results of the auctions will be announced on February 11, 2021.