MUMBAI, India, May 14 -- Reserve Bank of India issued the following press release:
Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹28,000 crore (face value). The security-wise details of the conversion/switch are given as under:
Date of Auction Source Securities Amount (FV) of Source Securities
(in ₹ crore) Destination Securities May 19, 2025
(Monday) 5.63% GS 2026
(Maturing on Apr 12, 2026) 2,000 8.32% GS 2032
(Maturing on Aug 02, 2032) 6.99% GS 2026
(Maturing on Apr 17, 2026) 2,000 6.19% GS 2034
(Maturing on Sep 16, 2034) 7.33% GS 2026
(Maturing on Oct 30, 2026) 2,000 6.67% GS 2035
(Maturing on Dec 15, 2035) 8.15% GS 2026
(Maturing on Nov 24, 2026) 5,...