{"id":19162,"date":"2021-05-03T21:13:45","date_gmt":"2021-05-03T15:43:45","guid":{"rendered":"http:\/\/udaen.info\/?p=19162"},"modified":"2021-05-03T21:13:45","modified_gmt":"2021-05-03T15:43:45","slug":"auction-for-sale-re-issue-of-i-5-63-gs-2026-ii-goi-floating-rate-bond-2033-iii-6-64-gs-2035-and-iv-6-67-gs-2050","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=19162","title":{"rendered":"Auction for Sale (Re-Issue) of (i) \u20185.63% GS 2026\u2019, (ii) \u2018GoI Floating Rate Bond 2033\u2019, (iii) \u20186.64% GS 2035\u2019, and (iv) \u20186.67% GS 2050\u2019"},"content":{"rendered":"<div class=\"MinistryNameSubhead text-center\">Ministry of Finance<\/div>\n<div class=\"text-center\">\n<h2>Auction for Sale (Re-Issue) of (i) \u20185.63% GS 2026\u2019, (ii) \u2018GoI Floating Rate Bond 2033\u2019, (iii) \u20186.64% GS 2035\u2019, and (iv) \u20186.67% GS 2050\u2019<br \/>\n<span id=\"ltrSubtitle\"><\/span><\/h2>\n<\/div>\n<div class=\"ReleaseDateSubHeaddateTime text-center pt20\"><\/div>\n<div class=\"pt20\"><\/div>\n<p>The Government of India (GoI) has announced the Sale (Re-issue) of (i) \u20185.63% Government Security, 2026\u2019 for a notified amount of\u00a0<strong>Rs 11,000 crore<\/strong>\u00a0(nominal) through\u00a0<u>price based auction<\/u>, (ii) \u2018GoI Floating Rate Bonds, 2033\u2019 for a notified amount of\u00a0<strong>Rs 4,000 crore<\/strong>\u00a0(nominal) through\u00a0<u>price based auction,<\/u>\u00a0 (iii) \u20186.64% Government Security, 2035\u2019 for a notified amount of\u00a0<strong>Rs 10,000 crore<\/strong>\u00a0(nominal) through\u00a0<u>price based auction<\/u>,, and (iv) \u20186.67% Government Security, 2050\u2019 for a notified amount of\u00a0<strong>Rs 7,000 crore<\/strong>\u00a0(nominal) through\u00a0<u>price based auction<\/u>. GoI will have the option to retain additional subscription up to\u00a0<strong>Rs<\/strong>\u00a0<strong>8,000 crore<\/strong>\u00a0against the above Security\/Securities. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on\u00a0<strong>May 07<\/strong><strong>, 2021 (Friday) using\u00a0<u>multiple price<\/u>\u00a0method<\/strong>.<\/p>\n<p>Up to 5% of the notified amount of the sale of the Securities will be allotted to eligible individuals and Institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.<\/p>\n<p>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<strong>\u00a0May 07,<\/strong><strong>\u00a02021<\/strong>. The non-competitive bids should be submitted between 10.30 a.m. and 11.00 a.m. and the competitive bids should be submitted between 10.30 a.m. and 11.30 a.m.<\/p>\n<p>The result of the auctions will be announced on\u00a0<strong>May 07,<\/strong><strong>\u00a02021 (Friday)\u00a0<\/strong>and payment by successful bidders will be on\u00a0<strong>May 10<\/strong><strong>, 2021 (Monday)<\/strong>.<\/p>\n<p>The Securities will be eligible for \u201cWhen Issued\u201d trading in accordance with the guidelines on\u00a0<strong>\u2018When Issued transactions in Central Government Securities\u2019\u00a0<\/strong>issued by the Reserve Bank of India vide circular No. RBI\/2018-19\/25 dated July 24, 2018 as amended from time to time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ministry of Finance Auction for Sale (Re-Issue) of (i) \u20185.63% GS 2026\u2019, (ii) \u2018GoI Floating Rate Bond 2033\u2019, (iii) \u20186.64% GS 2035\u2019, and (iv) \u20186.67% GS 2050\u2019 The Government of India (GoI) has announced the Sale (Re-issue) of (i) \u20185.63% Government Security, 2026\u2019 for a notified amount of\u00a0Rs 11,000 crore\u00a0(nominal) through\u00a0price based auction, (ii) \u2018GoI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/19162"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19162"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/19162\/revisions"}],"predecessor-version":[{"id":19163,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/19162\/revisions\/19163"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}