Quick Summary
Auction for Sale (Re-issue) of 4.48% GS 2023, GoIFloating Rate Bond 2033, 6.22% GS 2035, and 6.67% GS 2050 The Government of India (GoI) has announced the Sale (Re-issue) of (i) 4.48% Government Security, 2023 for a notified amount ofRs6,000 crore(nominal) throughpricebased auction, (ii) GoI Floating Rate Bonds, 2033 for a notified amount ofRs2,000 crore(nominal) throughprice based auction,(iii) 6.22% Government Security, 2035 for a notified amount ofRs9,000 crore(nominal) throughprice based
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1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
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FAQ :
The auctions for the government securities will be conducted on January 1, 2021.
The auction includes '4.48% GS 2023', 'GoI Floating Rate Bond 2033', '6.22% GS 2035', and '6.67% GS 2050'.
The notified amounts are Rs6,000 crore for '4.48% GS 2023', Rs2,000 crore for 'GoI Floating Rate Bond 2033', Rs9,000 crore for '6.22% GS 2035', and Rs5,000 crore for '6.67% GS 2050'.
The Reserve Bank of India, Mumbai Office, will conduct the auctions.
The results of the auctions will be announced on January 1, 2021, and payment by successful bidders will be on January 4, 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 January 1, 2021.
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