{
  "id": 6135445,
  "title": "Auction of Government of India Dated Securities",
  "url": "https://urgent.news/2026/09/07/auction-of-government-of-india-dated-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T13:14:34.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63539"
  },
  "original_language": "en",
  "account": "On September 7, 2026, the Government of India (GoI) announced the sale of three dated securities worth a total of ₹32,000 crore. The securities, with a maturity date of August 17, 2029, August 17, 2033 and September 15, 2056, respectively, carry coupon rates of 6.20%, 6.57% and 0% respectively. The auction will be conducted through the Reserve Bank of India Mumbai Office, using the multiple price method where both competitive and non-competitive bids can be submitted electronically on the Reserve Bank of India Core Banking Solution (e-Kuber system) on September 11, 2026. Investors can also submit non-competitive bids through the Retail Direct portal. Bids for the Additional Competitive Underwriting (ACU) portion can be made by Primary Dealers on September 11, 2026 between 09:00 a.m. and 09:30 a.m. The auction will be yield-based for the new security and price-based for the reissued securities. The securities will be issued for a minimum amount of ₹10,000 and in multiples of ₹10,000 thereafter. Individual investors and institutions will be allotted up to 5% of the notified amount through the non-competitive segment.",
  "summary": "Government of India (GoI) has announced the sale (issue / re-issue) of three dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.20% GS 2029 Aug 17, 2029 11,000 F.No.4(1)-B(W&M)/2026 dated September 07, 2026 September 11, 2026 (Friday) September…",
  "key_points": [
    "Government of India to auction dated securities worth ₹32,000 crore on September 7, 2026",
    "Securities with maturities in 2029, 2033, and 2056, carrying different coupon rates",
    "Auction conducted via Reserve Bank of India's e-Kuber system on September 11, 2026"
  ],
  "editors_take": "The government's move to auction dated securities worth ₹32,000 crore allows investors to buy government-backed debt with varied maturities and coupon rates, providing funding to the government while offering investment options.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}