Finance
GoI announces auction for Sale (Issue / Re-issue) of different government securities
The government of India (GoI) has announced the Sale (Issue/re-issue) of (i) ‘New Government Security 2024’ for a notified amount of `4,000 crores (nominal) through yield-based auction using a uniform price method; (ii) ‘‘7.10% Government Security 2029’ for a notified amount of `7,000 crores (nominal) through price based auction using uniform price method; (iii) ‘6.54% Government Security, 2032’ for a notified amount of `13,000 crores (nominal) through price based auction using uniform price method; and (iv) ‘6.95% Government Security 2061’ for a notified amount of `9,000 crores (nominal) through price based auction using multiple price method. […]
