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Government of India announces the sale of three dated securities for a notified amount of ₹39,000 crore

11-Feb-2025, 10:46

The Government of India (GoI) has announced the sale (re-issue) of (i) '6.64% GS 2027' for a notified amount of ₹7,000 crore, (ii) '6.79% Government Security 2034' for a notified amount of ₹22,000 crore and (iii) ''7.09% GS 2074'' for a notified amount of ₹10,000. 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 February 14, 2025 (Friday). GoI will have the option to retain additional subscription up to ₹2,000 crore against each security.