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Buyback of Government of India Dated Securities

Buyback of Government of India Dated Securities

The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹60,000 crore (face value). The following securities will be offered for buyback:

Sr. No.SecurityDate of Maturity
17.35% GS 2024June 22, 2024
28.40% GS 2024July 28, 2024
3FRB 2024November 7, 2024
49.15% GS 2024November 14, 2024

There is no notified amount for the individual securities within the aggregate ceiling of ₹60,000 crore. Auction for securities will be conducted using multiple price method. The offers for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on May 21, 2024 (Tuesday) between 10:30 a.m. and 11:30 a.m. The result of the auction will be announced on the same day and settlement will take place on May 22, 2024 (Wednesday).

Government of India reserves the right to:

Press Release

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