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PRESS COMMUNIQUE
Government of India (GoI) has announced the sale (issue / re-issue) of (i) “6.36%
Government Security 2031” for a notified amount of ₹21,000 crore (nominal) through
price based auction using multiple price method and (ii) “New Government Security
2066” for a notified amount of ₹11,000 crore (nominal) through yield 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 May 15, 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 May 15, 2026. 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.
4. The result of the auction will be announced on May 15, 2026 (Friday) and payment by
successful bidders will be on May 18, 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: May 11, 2026