The Government of India (GoI) has announced the Sale (Issue/re-issue) of (i) 5.63% Government Security, 2026 for a notified amount of Rs 11,000 crore (nominal) through price based auction using uniform price method (ii) New GoI Floating Rate Bonds, 2034 for a notified amount of Rs 3,000 crore (nominal) through spread based auction using uniform price method (iii) 6.64% Government Security, 2035 for a notified amount of Rs 10,000 crore (nominal) through price based auction using uniform price method, and (iv) 6.67% Government Security, 2050 for a notified amount of Rs 7,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to Rs 8,000 crore against the above Security/Securities. The auctions will be conducted by the Reserve Bank of India on Friday August 27, 2021. 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.
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