Government of India Announces Sale Of Four Dated Securities For Rs 18000 Crore

Government of India (GOI) announced the sale of four dated securities for Rs 18,000 crore. These include 7.32% GS 2024 (Rs 5,000 crore), 7.26% GS 2029 (Rs 8,000 crore), 6.57% GS 2033 (Rs 2,000 crore) and 7.06% GS 2046 (Rs 3,000 crore). Subject to the limit of Rs 18000 Cr, being total notified amount, GoI will have the option to retain additional subscription up to Rs 1000 Cr each against any one or more of the above security. The auction will be price based using multiple price method.

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