**Summary:**
The Government of India (GoI) has announced the sale/re-issue of two government securities via auction, to be conducted by the Reserve Bank of India (RBI) in Mumbai on July 18, 2025 (Friday).
The securities being offered are:
1. **New Government Security 2030:** A notified amount of ₹15,000 crore nominal, through a yield-based auction using the multiple price method.
2. **7.09 Government Security 2054:** A notified amount of ₹12,000 crore nominal, through a price-based auction using the multiple price method.
The GoI retains the option to retain additional subscriptions up to ₹2,000 crore against each security. Up to 5% of the notified amount of the sale of securities will be allotted to eligible individuals and institutions as per the Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities.
Both competitive and non-competitive bids must be submitted electronically on the RBI's e-Kuber system on July 18, 2025. Non-competitive bids are to be submitted between 10:30 a.m. and 11:00 a.m., and competitive bids between 10:30 a.m. and 11:30 a.m.
Auction results will be announced on July 18, 2025 (Friday), with payment by successful bidders due on July 21, 2025 (Monday). The securities are eligible for "When Issued" trading, following RBI guidelines outlined in circular No. RBI/2018-19/25 dated July 24, 2018, as amended.
Key Entities Referenced
Ministry of Finance: The ministry responsible for finance and economy of India, announcing the auction.
New Government Security 2030: A government security maturing in 2030, being auctioned.
7.09 Government Security 2054: A government security with a 7.09% coupon rate, maturing in 2054, being auctioned.
Reserve Bank of India: The central bank of India, conducting the auctions.
Mumbai Office, Maharashtra: The specific office of the Reserve Bank of India in Mumbai, Maharashtra, where the auctions are conducted.
Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities: A scheme that allows eligible individuals and institutions to participate in government security auctions on a non-competitive basis.
RBI20181925: Circular number issued by the Reserve Bank of India related to When Issued transactions in Central Government Securities.
EKuber: The Core Banking Solution system of Reserve Bank of India used for submitting bids.
Ministry of Finance
Auction for Sale (issue/ re-issue) of (i) ‘New
Government Security 2030’ and (ii) ‘7.09%
Government Security 2054’
Posted On: 14 JUL 2025 8:13PM by PIB Delhi
The Government of India (GoI) has announced the sale (issue/ re-issue) of (i) “New Government Security
2030” for a notified amount of ₹15,000 crore (nominal) through yield based auction using multiple price
method and (ii) “7.09% Government Security 2054” for a notified amount of ₹12,000 crore (nominal)
through price based auction using multiple price method. GoI will have the option to retain additional
subscription up to ₹2,000 crore against each security mentioned above. The auctions will be conducted by the
Reserve Bank of India, Mumbai Office, Fort, Mumbai on July 18, 2025 (Friday).
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.
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 July 18, 2025. The non-competitive bids
should be submitted between 10:30 a.m. and 11:00 a.m. and the competitive bids should be submitted
between 10:30 a.m. and 11:30 a.m.
The result of the auctions will be announced on July 18, 2025 (Friday) and payment by successful bidders
will be on July 21, 2025 (Monday).
The Securities will be eligible for “When Issued” trading in accordance with the guidelines on ‘When Issued
transactions in Central Government Securities’ issued by the Reserve Bank of India vide circular No.
RBI/2018-19/25 dated July 24, 2018 as amended from time to time.
****
NB/KMN
(Release ID: 2144665)