Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Auction for Sale (issue/ re-issue) of (i) ‘New Government Security 2030’ and (ii) ‘7.09% Government Security 2054’

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....uction for Sale (issue/ re-issue) of (i) ‘New Government Security 2030’ and (ii) ‘7.09% Government Security 2054’<BR>FEMA & RBI<BR>Dated:- 15-7-2025<BR><BR>The Government of India (GoI) has announced the sale (issue/ re-issue) of (i)&nbsp;"New Government Security 2030" for a notified amount of&nbsp;Rs.15,000 crore&nbsp;(nominal) through&nbsp;yield&nbsp;based auction using&nbsp;multiple&nbs....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....p;price method and (ii)&nbsp;"7.09% Government Security 2054" for a notified amount of&nbsp;Rs.12,000 crore&nbsp;(nominal) through&nbsp;price&nbsp;based auction using&nbsp;multiple&nbsp;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,....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Mumbai on&nbsp;July 18, 2025 (Friday). Up to 5% of the notified amount 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 S....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....olution (E-Kuber system) on&nbsp;July 18, 2025. The non-competitive bids should be submitted between&nbsp;10:30 a.m. and 11:00 a.m.&nbsp;and the competitive bids should be submitted between&nbsp;10:30 a.m. and 11:30 a.m. The result of the auctions will be announced on&nbsp;July 18, 2025 (Friday)&nbsp;and payment by successful bidders will be on&nbsp;July 21, 2025 (Monday).&nbsp;&nbsp;&nbsp;&nbsp;....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

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