India, June 30 -- The Government of India issued the following news release:
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) "New Government Security 2040" for a notified amount of rs 16,000 crore (nominal) through yield based auction using multiple price method and (ii) "6.90% Government Security 2065" for a notified amount of rs 16,000 crore (nominal) through price based auction using multiple price method. GoI will have the option to retain additional subscription up to rs 2,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on July 04, 2025 (Friday).
Up to 5% of the notified amount of the sale of the securities will be ...