GoI To Auction Dated Securities On May 2, Non-Competitive Bidding Window Now Open
The Government of India will auction two dated G-Secs on May 2, 2025. Non-competitive bidding via BSE’s iBBS platform starts April 29. Investors must submit bids by May 1 or May 2, depending on their category.
Government of India Announces G-Sec Auction |
Mumbai: The Reserve Bank of India (RBI) has released a press note dated April 28, 2025, announcing that the Government of India will auction two dated securities on May 2, 2025. This includes a re-issue and a new government bond.
Auction Details and Participation
The auction comprises two securities:
6.64% GS 2027 (Re-issue): Rs 6,000 crore
New GS 2035 (New issue): Rs 30,000 crore
Retail and institutional investors can participate through the non-competitive bidding (NCB) process on BSE's iBBS web-based platform under the NCB-GSec module. The minimum subscription is in units of 100 with a minimum bid amount of ₹10,000 and a cap of ₹2 crore per investor.
Bidding Window and Key Dates
Bid Start (All Participants): April 29, 2025, 10:00 AM
Bid End (Direct Investors): May 1, 2025, 5:00 PM
Bid End (Members): May 2, 2025, 8:00 AM
Auction Date: May 2, 2025
Settlement Date: May 5, 2025
Support & Queries
For assistance with login, bidding, or settlements, trading members and investors can contact BSE and ICCL through dedicated helplines and email support as listed in the notice.
RECENT STORIES
-
-
-
-
-