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of <h1>India to Re-Issue Government Bonds Worth Rs. 34,000 Crore via Auction on January 5, 2024, with Electronic Bidding.</h1> The Government of India has announced the re-issue of three government securities: 7.32% GS 2030 for Rs. 12,000 crore, 7.18% GS 2037 for Rs. 10,000 crore, and 7.25% GS 2063 for Rs. 12,000 crore. The auctions, conducted by the Reserve Bank of India on January 5, 2024, will use price-based methods. The government may retain an additional Rs. 2,000 crore per security. Up to 5% of the securities are reserved for eligible individuals and institutions. Bids are to be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by January 8, 2024.
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