The Government of India (GoI) has announced the re-issue of two major government
securities (G-Secs) through price-based auctions to raise Rs 25,000 crore.
The auction will be conducted by the Reserve Bank of India (RBI) on
August 8, 2025 (Friday).
*Securities on Offer*
| Security | Notified Amount (Rs. crore) | Type |
|---|---|---|
| 6.28% GS 2032 | 11,000 | Re-Issue |
| 7.09% GS 2074 | 14,000 | Re-Issue |
against each of these securities.
*Auction Schedule*
- Date of Auction: August 8, 2025 (Friday)
- Conducted by: Reserve Bank of India, Mumbai
- Payment Date for Successful Bidders: August 11, 2025 (Monday)
- Bidding Window:
- Non-competitive bids: 10:30 AM to 11:00 AM
- Competitive bids: 10:30 AM to 11:30 AM
Up to 5% of the notified amount will be allotted to eligible individuals and
institutions under the Non-Competitive Bidding Facility Scheme.
*When Issued Trading*
The securities will be eligible for “When Issued” (WI) trading as per RBI guidelines
issued through circular RBI/2018-19/25 dated July 24, 2018.
This allows investors to trade the securities before formal issuance, improving
liquidity and price discovery.
This auction is part of the government’s regular market borrowing program
to meet fiscal needs and provide safe investment opportunities in long-term instruments.
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