Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>India to Auction Government Securities Worth Rs. 31,000 Crore on Feb 18; Payment Due Feb 22.</h1> The Government of India announced the sale and re-issue of four government securities through auctions conducted by the Reserve Bank of India on February 18, 2021. The securities include 3.96% GS 2022 for Rs. 2,000 crore, 5.15% GS 2025 for Rs. 11,000 crore, 5.85% GS 2030 for Rs. 11,000 crore, and a new GS 2061 for Rs. 7,000 crore. The government may retain an additional Rs. 2,000 crore for each security. Auctions will use multiple price methods, with 5% reserved for eligible individuals and institutions. Bids must be submitted electronically, and results will be announced on the same day. Payment is due by February 22, 2021.