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Ministry Of Finance Announces Auction for Sale Of Gsecs

24 May 2022 , 12:00 PM

Government of India (GoI) has announced the Sale (re-issue) of (i) 4.56% GS 2023 for a notified amount of Rs 4,000 crore (nominal) through price based auction using uniform price method; (ii) 7.10% GS 2029 for a notified amount of Rs 7,000 crore (nominal) through price based auction using uniform price method; (iii) 6.54% Government Security, 2032 for a notified amount of Rs 13,000 crore (nominal) through price based auction using uniform price method; and (iv) 6.95% Government Security 2061 for a notified amount of Rs 9,000 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 May 27, 2022 (Friday).Powered by Capital Market – Live News

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