Mumbai, Feb. 4 -- The Government of India (GoI) has announced the sale (re-issue) of (i) "6.92% Government Security 2039" for a notified amount of Rs.12,000 crore and (ii) "7.09% Government Security 2054" for a notified amount of Rs.10,000 crore. 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 07, 2025 (Friday). GoI will have the option to retain additional subscription up to Rs.2,000 crore against each security.

Published by HT Digital Content Services with permission from Capital Market....