Auction for Sale (re-issue) of (i) ‘7.32% GS 2030’, (ii) ‘7.18% GS 2037’ (iii) ‘7.25% GS 2063’ and (iv) ‘7.37% GOI SGrB 2054’

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....uction for Sale (re-issue) of (i) ‘7.32% GS 2030’, (ii) ‘7.18% GS 2037’ (iii) ‘7.25% GS 2063’ and (iv) ‘7.37% GOI SGrB 2054’ <br>News and Press Release<br>Dated:- 30-1-2024<br><BR>The Government of India (GoI) has announced the sale (re-issue) of (i) "7.32% Government Security 2030" for a notified amount of &#8377;12,000 crore (nominal) through price based auction using uniform pri....

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....ce method,(ii) "7.18% Government Security2037" for a notified amount of &#8377;10,000 crore (nominal) through price based auction using uniform price method, (iii) "7.25% Government Security 2063" for a notified amount of &#8377;12,000 crore (nominal) through price based auction using multiple price method and (iv) "7.37%GOISGrB 2054" for a notified amount of &#8377;5,000 crore (nominal) through p....

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....rice based auction using multiple price method. GoI will have the option to retain additional subscription up to &#8377; 2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on February 02, 2024 (Friday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and ....

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....institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on February 02, 2024. The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bi....

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....ds should be submitted between 10:30 a.m. and 11:30 a.m. The result of the auctions will be announced on February 02, 2024 (Friday) and payment by successful bidders will be on February 05, 2024 (Monday). The Securities will be eligible for "When Issued" trading in accordance with the guidelines on 'When Issued transactions in Central Government Securities' issued by the Reserve Bank of India vi....

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....de circular No. RBI/2018-19/25 dated July 24, 2018 as amended from time to time.<BR> News - Press release - PIB....