The Government of India (Gol) has announced the sale (re-issue) of "6.01% Government Security 2030" for ₹18,000 crore and "7.09% Government Security 2074" for ₹12,000 crore through price based auction using multiple price method. Gol has the option to retain additional subscription up to ₹2,000 crore. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on December 19, 2025 (Friday). Up to 5% of the notified amount 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 December 19, 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. The result will be announced on December 19, 2025 (Friday), and payment by successful bidders will be on December 22, 2025 (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. Contact: GOVERNMENT OF INDIA, MINISTRY OF FINANCE, DEPARTMENT OF ECONOMIC AFFAIRS, BUDGET DIVISION, KARTAVYA BHAWAN-1, NEW DELHI - 110001. Dated: December 15, 2025.
Key Entities Referenced
Reserve Bank of India: Conducts the auction for Government Securities and issues guidelines related to 'When Issued' transactions.
Ministry of Finance: The department under which the announcement regarding the sale of Government Securities is made.
6.01% Government Security 2030: One of the government securities being re-issued through an auction.
7.09% Government Security 2074: One of the government securities being re-issued through an auction.
Scheme for Non-Competitive Bidding Facility: A scheme which provides a facility for allotment of up to 5% of the notified amount of the sale of the securities.
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 auction will be conducted by the Reserve
Bank of India, Mumbai Office, Fort, Mumbai on December 19, 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 December 19, 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 auction will be announced on December 19, 2025 (Friday) and
payment by successful bidders will be on December 22, 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 BHAWAN-1, NEW DELHI - 110001
Dated: December 15, 2025