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 Floa
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
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.
CAclubindia
