Author: chastity9238
Auction for Sale (Re-issue) of ‘4.26% GS 2023’, and ‘5.85% GS 2030’ and ‘6.76% GS 2061’
The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘4.26% Government Security, 2023’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘5.85% Government Security, 2030’ for a notified amount of Rs 14,000 crore (nominal) through price based auction, and (iii) ‘6.76% GS 2061’ for a notified amount of Rs 9,000 crore (nominal) through price based auction. GoI will have the option to retain additional subscription up to Rs 6,000 crore against above security/securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on June 25, ... Read more