{"id":19046,"date":"2024-09-23T20:26:23","date_gmt":"2024-09-23T14:56:23","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=19046"},"modified":"2024-09-23T20:26:23","modified_gmt":"2024-09-23T14:56:23","slug":"auction-for-sale-re-issue-of-i-7-04-gs-2029-7-23-gs-2039-and-iii-7-09-gs-2054","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2024\/09\/23\/auction-for-sale-re-issue-of-i-7-04-gs-2029-7-23-gs-2039-and-iii-7-09-gs-2054\/","title":{"rendered":"Auction for Sale (re-issue) of (i) \u20187.04% GS 2029\u2019, \u20187.23% GS 2039\u2019 and (iii) \u20187.09% GS 2054\u2019"},"content":{"rendered":"<p style=\"text-align: justify;\">The Government of India (GoI) has announced the sale (re-issue) of (i)\u00a0<strong>\u201c7.04% Government Security 2029<\/strong>\u201d for a notified amount of\u00a0<strong>\u20b912,000 crore<\/strong>\u00a0(nominal) through price based auction using\u00a0<strong>multiple<\/strong>\u00a0<strong>price method<\/strong>, (ii)\u00a0<strong>\u201c7.23% Government Security 2039<\/strong>\u201d for a notified amount of\u00a0<strong>\u20b912,000 crore<\/strong>\u00a0(nominal) through price based auction using\u00a0<strong>multiple<\/strong>\u00a0<strong>price method\u00a0<\/strong>and (iii)\u00a0<strong>\u201c7.09% Government Security 2054<\/strong>\u201d for a notified amount of\u00a0<strong>\u20b910,000 crore<\/strong>\u00a0(nominal) through price based auction using\u00a0<strong>multiple<\/strong>\u00a0<strong>price method<\/strong>. GoI will have the option to retain additional subscription up to \u20b92,000 crore against each security mentioned above. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on<strong>\u00a0September 27, 2024 (Friday).<\/strong><\/p>\n<p style=\"text-align: justify;\">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 style=\"text-align: justify;\">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\u00a0<strong>September 27, 2024<\/strong>. The non-competitive bids should be submitted between\u00a0<strong>10:30 a.m. and 11:00 a.m.<\/strong>\u00a0and the competitive bids should be submitted between\u00a0<strong>10:30 a.m. and 11:30 a.m.<\/strong><\/p>\n<p style=\"text-align: justify;\">The result of the auctions will be announced on\u00a0<strong>September 27, 2024 (Friday)<\/strong>\u00a0and payment by successful bidders will be on\u00a0<strong>September 30, 2024 (Monday).<\/strong><\/p>\n<p style=\"text-align: justify;\">The Securities will be eligible for \u201cWhen Issued\u201d trading in accordance with the guidelines on \u2018When Issued transactions in Central Government Securities\u2019 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>The Government of India (GoI) has announced the sale (re-issue) of (i)\u00a0\u201c7.04% Government Security 2029\u201d for a notified amount of\u00a0\u20b912,000 crore\u00a0(nominal) through price based auction using\u00a0multiple\u00a0price method, (ii)\u00a0\u201c7.23% Government Security 2039\u201d for a notified amount of\u00a0\u20b912,000 crore\u00a0(nominal) through price based auction using\u00a0multiple\u00a0price method\u00a0and (iii)\u00a0\u201c7.09% Government Security 2054\u201d for a notified amount of\u00a0\u20b910,000 crore\u00a0(nominal) through price [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":106422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52905],"tags":[],"class_list":["post-19046","post","type-post","status-publish","format-standard","has-post-thumbnail","category-national"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/19046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=19046"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/19046\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/106422"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=19046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=19046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=19046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}