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 Four Government Securities Worth Rs. 33,000 Crore; Bids via E-Kuber, Results Announced April 13.</h1> The Government of India announced the auction of four government securities: 4.56% GS 2023, New GS 2029, 6.54% GS 2032, and 6.95% GS 2061, with notified amounts of Rs. 4,000 crore, Rs. 7,000 crore, Rs. 13,000 crore, and Rs. 9,000 crore respectively. The auction, conducted by the Reserve Bank of India on April 13, 2022, allows for additional subscriptions up to Rs. 2,000 crore per security. Bids are to be submitted electronically via the RBI Core Banking Solution (E-Kuber) system. Results will be announced on the auction day, with payments due by April 18, 2022. Eligible entities can participate in non-competitive bidding for up to 5% of the notified amount.