The Government of India 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, both via price based auction using multiple price method. The Government has the option to retain additional subscriptions up to ₹2,000 crore. The auction will be conducted by the Reserve Bank of India, Mumbai Office, Fort, Mumbai on November 21, 2025 (Friday). Up to 5% of the notified amount will be allotted to eligible individuals/institutions as per the Scheme for Non-Competitive Bidding Facility. Bids must be submitted electronically via the Reserve Bank of India Core Banking Solution (E-Kuber system) on November 21, 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 auction results will be announced on November 21, 2025 (Friday) and payment by successful bidders is due on November 24, 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 press release is from the Government of India, Ministry of Finance, Department of Economic Affairs, Budget Division, North Block, New Delhi - 110001, and is dated November 17, 2025.
Key Entities Referenced
6.01% Government Security 2030: Government security being re-issued for ₹18,000 crore (nominal) through price based auction.
7.09% Government Security 2074: Government security being re-issued for ₹12,000 crore (nominal) through price based auction.
Reserve Bank of India: Conducting the auction of the government securities and issuer of the 'When Issued' guidelines.
Scheme for Non-Competitive Bidding Facility in the Auction of Government Securities: Scheme allowing individuals and institutions to be allotted up to 5% of the notified amount of sale.
Mumbai: Location where the auction will be conducted by Reserve Bank of India.
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 November 21, 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 November 21, 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 November 21, 2025 (Friday) and
payment by successful bidders will be on November 24, 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
NORTH BLOCK, NEW DELHI - 110001
Dated: November 17, 2025