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of <h1>India to Re-Issue Government Bonds Totaling Rs. 28,000 Crore in May 2024 Auction via RBI's E-Kuber System.</h1> The Government of India announced the re-issue of three government securities: 7.33% GS 2026 for Rs. 6,000 crore, 7.23% GS 2039 for Rs. 10,000 crore, and 7.34% GS 2064 for Rs. 12,000 crore. Auctions will be conducted by the Reserve Bank of India on May 03, 2024, with an option to retain an additional Rs. 2,000 crore for each security. Up to 5% of the securities will be allocated to eligible individuals and institutions through non-competitive bidding. Bids must be submitted electronically via the RBI's E-Kuber system, with results announced the same day and payments due by May 06, 2024.
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