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of <h1>India to Auction Govt Securities Worth Rs. 31,000 Crore on March 5, 2021; Includes 2022, 2025, 2030 Bonds.</h1> The Government of India announced the re-issue auction of four government securities: 3.96% GS 2022 for Rs. 3,000 crore, 5.15% GS 2025 and 5.85% GS 2030 each for Rs. 12,000 crore, and a floating rate bond for 2033 for Rs. 4,000 crore. The Reserve Bank of India will conduct the auction on March 5, 2021, using a multiple price method. Up to 5% of the securities will be available for non-competitive bidding. Results will be declared on the same day, with payments due by March 8, 2021. These securities will be eligible for 'When Issued' trading.
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