Government of India (GoI) has announced the sale (issue / re-issue) of two dated securities for a notified amount of Rs.32,000 crore as per the following details:
Sr No | Security | Date of Repayment | Notified Amount
(Rs. Crore) | GoI specific Notification | Auction Date | Settlement Date |
1 | New GS 2040 | Jul 07, 2040 | 16,000 | F.No.4(1)-B(W&M)/2025 dated June 30, 2025 | July 04, 2025
(Friday) | July 07, 2025
(Monday) |
2 | 6.90% GS 2065 | Apr 15, 2065 | 16,000 |
| Total | | 32,000 | | | |
2. GoI will have the option to retain additional subscription up to Rs.2,000 crore against each security mentioned above. 3. The securities will be sold through Reserve Bank of India Mumbai Office, Fort, Mumbai – 400001. The sale will be subject to the terms and conditions spelt out in the ‘Specific Notification’ mentioned above and the General Notification F.No.4(2)–B(W&M)/2018, dated March 26, 2025. 4. The auction will be conducted using multiple price method. Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (e-Kuber system) on July 04, 2025 (Friday). The non-competitive bids should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted between 10:30 a.m. and 11:30 a.m. The result will be announced on the same day and payment by successful bidders will have to be made on July 07, 2025 (Monday). 5. Bids for underwriting of the Additional Competitive Underwriting (ACU) portion can be submitted by ‘Primary Dealers’ from 09:00 a.m. up to 09:30 a.m. on July 04, 2025 (Friday) on the Reserve Bank of India Core Banking Solution (e-Kuber system). 6. The Stocks will be eligible for “When Issued” trading for a period commencing from July 01, 2025 – July 04, 2025. 7. Operational guidelines for Government of India dated securities auction and other details are given in the Annex. Ajit Prasad
Deputy General Manager
(Communications) Press Release: 2025-2026/630 |