Home / Business and Economy / Govt Auctions Rs 32,000 Crore in New Bonds for Investors
Govt Auctions Rs 32,000 Crore in New Bonds for Investors
1 Sep
Summary
- India will sell Rs 21,000 crore of new 2031 bonds.
- An additional Rs 11,000 crore of 7.71% 2066 bonds will be issued.
- Bidding for the auction closes on September 4, 2026.
The Government of India has announced the upcoming auction of two significant bond series. These include the New GS 2031, with a notified amount of Rs 21,000 crore, and the 7.71% GS 2066, for which Rs 11,000 crore will be issued.
The auction process will utilize a multiple price method, accommodating both competitive and non-competitive bids. All submissions must be made electronically via the Reserve Bank of India's e-Kuber system. The deadline for bids is set for Friday, September 04, 2026.
Furthermore, the Government of India retains the flexibility to accept additional subscriptions. This option allows for retaining up to Rs 2,000 crore for each of the securities offered in the auction.
