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of <h1>India to Re-Issue Government Securities Worth Rs. 28,000 Crore; Auctions on December 23, 2022, via RBI E-Kuber System.</h1> The Government of India announced the re-issue sale of three government securities: 7.38% GS 2027 for Rs. 7,000 crore, 7.26% GS 2032 for Rs. 12,000 crore, and 7.36% GS 2052 for Rs. 9,000 crore. The auctions, conducted by the Reserve Bank of India on December 23, 2022, will use both uniform and multiple price methods. The government may retain an additional Rs. 2,000 crore for each security. Up to 5% of the sale will be allocated to eligible individuals and institutions. Bids must be submitted electronically on the RBI E-Kuber system, with results announced the same day and payment due by December 26, 2022.
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