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Government of India Announces Sale Of Four Dated Securities For A Notified Amount Of Rs 32,000 crore

The Government of India (GoI) has announced the Sale (Re-issue) of (i) 5.63% Government Security, 2026 for a notified amount of Rs 11,000 crore (nominal) through price based auction, (ii) GoI Floating Rate Bonds, 2033 for a notified amount of Rs 4,000 crore (nominal) through price based auction, (iii) 6.64% Government Security, 2035 for a notified amount of Rs 10,000 crore (nominal) through price based auction, and (iv) 6.67% Government Security, 2050 for a notified amount of Rs 7,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to Rs 8,000 crore against the above Security/Securities. The auctions will be conducted by the Reserve Bank of India on April 23, 2021 (Friday) using multiple price method. 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.

Government of India Announces Sale Of Four Dated Securities For Rs 24000 Crore

The Government of India (GoI) has announced the Sale (Re-issue) of (i) 4.48% Government Security, 2023 for a notified amount of Rs 4,000 crore (nominal) through price based auction, (ii) GoI Floating Rate Bonds, 2033 for a notified amount of Rs 4,000 crore (nominal) through price based auction, (iii) 6.22% Government Security, 2035 for a notified amount of Rs 11,000 crore (nominal) through price based auction and (iv) 6.67% Government Security, 2050 for a notified amount of Rs 5,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to Rs 2,000 crore against each of the above securities. 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 March 12, 2021. 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

Government of India Announces Sale Four Dated Securities For Notified Amount Of Rs 22000 Crore

Read more about Government of India Announces Sale Four Dated Securities For Notified Amount Of Rs 22000 Crore on Business Standard. Government of India (GoI) has announced the Sale (Re-issue) of (i) 4.48% Government Security, 2023‟ for a notified amount of 6,000 crore (nominal) through price based auction, (ii) GoI Floating Rate Bonds, 2033‟ for a notified amount of 2,000

GOI Announces Sale Of Four Dated Securities For A Notified Amount Of Rs 22,000 Crore

The Government of India (GoI) has announced the Sale (Re-issue) of (i) 4.48% Government Security, 2023 for a notified amount of Rs 6,000 crore (nominal) through price based auction, (ii) GoI Floating Rate Bonds, 2033 for a notified amount of Rs2,000 crore (nominal) through price based auction, (iii) 6.22% Government Security, 2035 for a notified amount of Rs9,000 crore (nominal) through price based auction, and (iv) 6.67% Government Security, 2050 for a notified amount of Rs5,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to Rs2,000 crore against each of the above securities. The auctions will be conducted by the Reserve Bank of India using multiple price method. 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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