Auction for Sale (re-issue) of (i) ‘6.64% Government Security 2027’ and (ii) ‘New Government Security 2035’

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....uction for Sale (re-issue) of (i) ‘6.64% Government Security 2027’ and (ii) ‘New Government Security 2035’<BR>News and Press Release<BR>Dated:- 28-4-2025<BR><BR>The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) "6.64% Government Security 2027" for a notified amount of Rs.6,000 crore (nominal) through price based auction using multiple price method and (ii) "New ....

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....Government Security 2035" for a notified amount of Rs.30,000 crore (nominal) through yield based auction using multiple price method. GoI will have the option to retain additional subscription up to Rs.2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on May 02, 2025 (Friday). Up to 5% of the notified amount....

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.... of the sale of the securities will be allotted to eligible individuals and 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 May 02, 2025. The non-competitive bids shoul....

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....d be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. The result of the auctions will be announced on May 02, 2025 (Friday) and payment by successful bidders will be on May 05, 2025 (Monday).&nbsp;&nbsp;&nbsp;&nbsp; The Securities will be eligible for "When Issued" trading in accordance with the guidelines on 'When Issued ....

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....transactions in Central Government Securities' issued by the Reserve Bank of India vide circular No. RBI/2018-19/25 dated July 24, 2018 as amended from time to time.<BR> News - Press release - PIB....