The Government of India has announced the sale of (i) "6.01% Government Security 2030" for ₹18,000 crore (nominal) and (ii) "7.09% Government Security 2074" for ₹12,000 crore (nominal) through price based auction using multiple price method. The government has the option to retain an additional subscription of up to ₹2,000 crore against each security. The auctions will be conducted by the Reserve Bank of India, Mumbai Office, on October 17, 2025 (Friday). Up to 5% of the notified amount of the sale of the securities will be allotted to eligible individuals and institutions. Both competitive and non-competitive bids should be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber system) on October 17, 2025. Non-competitive bids should 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 October 17, 2025 (Friday), with payment by successful bidders due on October 20, 2025 (Monday). The securities are eligible for "When Issued" trading per RBI circular No. RBI/2018-19/25 dated July 24, 2018, as amended. The announcement is dated October 13, 2025 and comes from the Ministry of Finance, Department of Economic Affairs, Budget Division, New Delhi.
Key Entities Referenced
Reserve Bank of India: Conducts the auctions for the government securities.
Government Security 2030: One of the government securities being re-issued.
Government Security 2074: One of the government securities being re-issued.
Scheme for Non-Competitive Bidding Facility: Scheme under which up to 5% of notified amount of sale of securities will be allotted
PRESS COMMUNIQUE
Government of India (GoI) has announced the sale (re-issue) of (i) “6.01%
Government Security 2030” for a notified amount of ₹18,000 crore (nominal)
through price based auction using multiple price method and (ii) “7.09%
Government Security 2074” 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 October 17, 2025 (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 October 17, 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.
4. The result of the auctions will be announced on October 17, 2025 (Friday) and
payment by successful bidders will be on October 20, 2025 (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 BHAVAN-1,
NEW DELHI - 110001
Dated: October 13, 2025