The Government of India (Gol) has announced the sale (re-issue) of (i) “6.68% Government Security 2040” for ₹16,000 crore (nominal) and (ii) “6.90% Government Security 2065” for ₹13,000 crore (nominal) through price based auction using multiple price method. Gol will have the option to retain additional subscription up to ₹2,000 crore against each security. The auction will be conducted by the Reserve Bank of India, Mumbai on February 06, 2026 (Friday). Up to 5% of the notified amount will be allotted to eligible individuals/institutions as per the Scheme for Non-Competitive Bidding Facility. Both competitive and non-competitive bids should be submitted in electronic format on the RBI Core Banking Solution (E-Kuber system) on February 06, 2026. Non-competitive bids: 12:30 p.m. - 01:00 p.m.; competitive bids: 12:30 p.m. - 01:30 p.m. The auction result will be announced on February 06, 2026 (Friday); payment by successful bidders is due February 09, 2026 (Monday). The Securities will be eligible for “When Issued” trading as per RBI circular No. RBI/2018-19/25 dated July 24, 2018, as amended. Dated: February 02, 2026. Located at: GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF ECONOMIC AFFAIRS
BUDGET DIVISION
KARTAVYA BHAWAN-1, NEW DELHI - 110001
Key Entities Referenced
Reserve Bank of India: Conducts the auction of the Government Securities.
6.68% Government Security 2040: One of the government securities being re-issued.
6.90% Government Security 2065: One of the government securities being re-issued.
Mumbai: Location of the Reserve Bank of India office conducting the auction.
PRESS COMMUNIQUE
Government of India (GoI) has announced the sale (re-issue) of (i) “6.68% Government
Security 2040” for a notified amount of ₹16,000 crore (nominal) through price based
auction using multiple price method and (ii) “6.90% Government Security 2065” for a
notified amount of ₹13,000 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 auction will be conducted by the Reserve
Bank of India, Mumbai Office, Fort, Mumbai on February 06, 2026 (Friday).
2. 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.
3. 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 February 06, 2026. The non-competitive bids should be submitted between 12:30 p.m.
and 01:00 p.m. and the competitive bids should be submitted between 12:30 p.m. and
01:30 p.m.
4. The result of the auction will be announced on February 06, 2026 (Friday) and
payment by successful bidders will be on February 09, 2026 (Monday).
5. 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.
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF ECONOMIC AFFAIRS
BUDGET DIVISION
KARTAVYA BHAWAN-1, NEW DELHI - 110001
Dated: February 02, 2026