Upcoming Auction: Re-Issue of 6.64% GS 2027 & 6.79% GS 2034
The Government of India (GoI) has announced the re-issue of two government securities through a price-based auction using the multiple price method:
✅ 6.64% Government Security 2027 – ₹6,000 crore (nominal)
✅ 6.79% Government Security 2034 – ₹30,000 crore (nominal)
Additionally, the GoI reserves the option to retain an extra ₹2,000 crore against each security based on demand.
Auction Details
???? Auction Date: April 04, 2025 (Friday)
???? Conducted by: Reserve Bank of India (RBI), Mumbai Office
???? Platform: RBI Core Banking Solution (E-Kuber)
Bidding Timings
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Non-Competitive Bids: 10:30 a.m. – 11:00 a.m.
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Competitive Bids: 10:30 a.m. – 11:30 a.m.
Who Can Participate?
As per the Scheme for Non-Competitive Bidding Facility, up to 5% of the notified amount will be allotted to eligible individuals and institutions.
Auction Results & Payment
???? Results Announcement: April 04, 2025 (Friday)
???? Payment by Successful Bidders: April 07, 2025 (Monday)
When Issued (WI) Trading Eligibility
The securities will be eligible for “When Issued” trading, as per RBI’s guidelines (Circular No. RBI/2018-19/25 dated July 24, 2018).
This is a great opportunity for investors looking for secure and stable returns through government bonds. Stay tuned for more updates and participate in the auction via RBI’s E-Kuber system.