The Government of India (GoI) has announced the Sale (Re-issue) of four dated securities for Rs 30000 crore. These include '5.09 per cent Government Stock, 2022' for a notified amount of Rs 3,000 crore (nominal) through price based auction, '5.77 per cent GS, 2030' for a notified amount of Rs 18,000 crore (nominal) through price based auction, 'GoI Floating Rate Bonds, 2033' for a notified amount of Rs 4,000 crore (nominal) through price based auction, and '7.19 per cent Government Stock, 2060' for a notified amount of Rs 5,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to Rs 2,000 crore against each of the above securities. The auctions will be conducted using multiple price method. Up to 5% of the notified amount of the sale of the stocks 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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