Government of India Announces Sale of ₹27,000 Crore in Dated Securities

The Government of India (GoI) has announced the sale of two dated securities for a total notified amount of ₹27,000 crore. The auction is scheduled for June 20, 2025, and will be conducted using the multiple price method, allowing both competitive and noncompetitive bids through the Reserve Bank of India’s eKuber system.

Securities on Offer

 

The two securities being reissued are:

GoI has also reserved the option to retain an additional subscription of up to ₹2,000 crore for each security, depending on investor demand.

 

Auction Details

Market Expectations

Analysts anticipate strong participation from institutional investors, given the attractive yields and the government’s ongoing efforts to stabilize borrowing costs. The auction results will be announced on June 20, with settlement scheduled for June 24, 2025.

 

Investors looking to participate must submit bids electronically within the designated time frame. The sale is part of the government’s broader strategy to manage fiscal requirements while ensuring liquidity in the bond market.

 

Source: Business Standard, Reserve Bank of India