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MINISTRY OF FINANCE(Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATIONNew Delhi, the 25th January, 2021Auction for Sale (Re-issue) of Government Securities (GS) F. No. 4(5)-B(WM)/2020. - Government of India hereby notifies sale (Re-issue) of the following Government Securities: Name of the Security Date of Original Issue Original Tenure (yy-mm-dd) Date of Maturity Auction Basis
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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 auction will be conducted by the Reserve Bank of India on January 29, 2021.
The securities being offered are 4.48% GS 2023, GoI FRB 2033, 6.22% GS 2035, and 6.67% GS 2050.
The notified amounts are Rs. 6,000 crore for 4.48% GS 2023, Rs. 2,000 crore for GoI FRB 2033, Rs. 8,000 crore for 6.22% GS 2035, and Rs. 5,000 crore for 6.67% GS 2050.
Yes, up to 5% of the notified amount is reserved for eligible individuals and institutions through a non-competitive bidding facility.
Payment for the securities by successful bidders will be on February 01, 2021.
Interest will accrue from the date of original issue or the last coupon payment date and will be paid half-yearly. The GoI FRB 2033 has a variable interest rate.
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