The Government of India (GoI) has announced the sale (issue / re-issue) of (i) New Government Security 2031 for a notified amount of ₹10,000 crore (nominal) through yield based auction using multiple price method, (ii) 6.92% Government Security 2039 for a notified amount of ₹12,000 crore (nominal) through price based auction using multiple price method and (iii) 7.09% Government Security 2054 for a notified amount of ₹10,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on December 27, 2024 (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.
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