Centre Notifies Auction of ₹34,000 Crore Govt Security 2036, Bids on May 8 [Read Notification]
The Finance Ministry has notified auction of Rs. 34,000 crore 10-year Government Security (GS 2036) to be conducted by RBI on May 8, 2026.
![Centre Notifies Auction of ₹34,000 Crore Govt Security 2036, Bids on May 8 [Read Notification]](https://images.taxscan.in/h-upload/2026/05/05/2135548-govt-securities-auction-g-sec-2036-india-g-sec-bidding-may-8-government-notifies-g-sec-auction-2036-taxscan.webp "Centre Notifies Auction of ₹34,000 Crore Govt Security 2036, Bids on May 8 [Read Notification]")
The Ministry of Finance (Department of Economic Affairs) issued a notification dated May 4, 2026, announcing the sale of a new Government Security called “New GS 2036.” This is basically the government raising money from the public by issuing bonds. As per the notification, the government will raise Rs. 34,000 crore through this bond. It will be issued on May 11, 2026...
The Ministry of Finance (Department of Economic Affairs) issued a notification dated May 4, 2026, announcing the sale of a new Government Security called “New GS 2036.” This is basically the government raising money from the public by issuing bonds.
As per the notification, the government will raise Rs. 34,000 crore through this bond. It will be issued on May 11, 2026 and will mature after 10 years on May 11, 2036. The Reserve Bank of India (RBI) will conduct the auction on May 8, 2026 through its online system called E-Kuber. The government also has option to accept extra amount up to Rs. 2,000 crore if there is more demand.
The bonds will be sold through auction. There are two types of bidders:
- Competitive bidders who decide the interest rate they want
- Non-competitive bidders who accept the final rate
Around 5% of the total amount is kept for retail investors to make it easy for common people. Small investors can apply through banks or directly through RBI Retail Direct account. Minimum investment is Rs. 10,000.
The interest on these bonds will be paid every 6 months but the exact interest rate is not fixed now. It will be decided in auction based on market. At the end of 10 years, investor will get back full amount.
The notification also says that payment for successful bidders will be done on issue date, and it will include some extra interest (accrued interest). These bonds can also be traded before issue under “When Issued” trading. They will be kept in electronic form only.
