The Government of India (GoI) has announced the sale (issue) of (i) NEW GOI SGrB 2028 for a notified amount of Rs 4,000 Crore (nominal) through yield based auction using uniform price method and (ii) NEW GOI SGrB 2033 for a notified amount of Rs 4,000 Crore (nominal) through yield based auction using uniform 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, on January 25, 2023 (Wednesday). 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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