India to Auction ₹32,000 Crore in Dated Securities
Government of India announces the sale of two dated securities for a notified amount of ₹32,000 crore
Business Standard
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The Reserve Bank of India will auction two dated securities totaling ₹32,000 crore, including ₹21,000 crore of 6.36% GS 2031 and ₹11,000 crore of 6.90% GS 2065. The auction is set for April 17, 2026, allowing additional subscriptions up to ₹2,000 crore for each security.
- 01The total notified amount for the securities sale is ₹32,000 crore.
- 02The auction includes ₹21,000 crore of 6.36% GS 2031 and ₹11,000 crore of 6.90% GS 2065.
- 03The government can retain an additional ₹2,000 crore for each security.
- 04Bids must be submitted electronically on April 17, 2026.
- 05The auction will use a multiple price method.
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The Reserve Bank of India (RBI) has announced the sale of two dated securities totaling ₹32,000 crore. This includes ₹21,000 crore for the 6.36% GS 2031 and ₹11,000 crore for the 6.90% GS 2065. The government retains the option to accept additional subscriptions of up to ₹2,000 crore for each security. The auction is scheduled for April 17, 2026, and will accept both competitive and non-competitive bids submitted electronically through the RBI's Core Banking Solution. The auction will utilize a multiple price method, allowing for a flexible bidding process.
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This auction could influence government borrowing costs and affect interest rates in the market, potentially impacting loan rates for consumers.
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