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of <h1>India Sells NEW GOI SGrB 2028 & 2033 Securities via Yield-Based Auction; Bids Due January 25, 2023.</h1> The Government of India announced the sale of two securities: NEW GOI SGrB 2028 and NEW GOI SGrB 2033, each for Rs. 4,000 Crore through yield-based auctions using a uniform price method. The Reserve Bank of India will conduct these auctions on January 25, 2023, with an option to retain an additional Rs. 2,000 Crore for each security. Up to 5% of the securities will be allotted to eligible individuals and institutions. Bids must be submitted electronically via the RBI E-Kuber system. Results will be announced on the same day, with payments due by January 27, 2023.
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