Govt to Re‑Issue ₹32,000 Cr Bonds on June 12 via RBI Auction: Offering 6.36% (2031) & 7.71% (2066) Securities, with Retail Investor Access
The government is raising funds by re‑issuing bonds worth ₹32,000 crore, offering both medium‑term (2031) and ultra‑long (2066) securities, with retail investors given simplified access.
The Ministry of Finance has announced the re‑issue of two Government Securities (GS) worth a total of ₹32,000 crore, to be auctioned by the Reserve Bank of India (RBI) on June 12, 2026. The auction will be conducted through the RBI’s electronic platform, E‑Kuber, under the Department of Economic Affairs’ Budget Division notification dated June 8, 2026.Tax Audit Reporting...
The Ministry of Finance has announced the re‑issue of two Government Securities (GS) worth a total of ₹32,000 crore, to be auctioned by the Reserve Bank of India (RBI) on June 12, 2026. The auction will be conducted through the RBI’s electronic platform, E‑Kuber, under the Department of Economic Affairs’ Budget Division notification dated June 8, 2026.
The re‑issue includes two securities, the 6.36% Government Security 2031 and the 7.71% Government Security 2066. The 6.36% GS 2031 carries a five‑year tenure with a notified amount of ₹21,000 crore, while the 7.71% GS 2066 has a forty‑year tenure with a notified amount of ₹11,000 crore.
The government retains the option to accept an additional subscription of up to ₹2,000 crore for each security.
According to the notification, the Auction Process :
- Conducted via RBI’s E‑Kuber electronic platform.
- Non‑competitive bids: 10:30–11:00 AM.
- Competitive bids: 10:30–11:30 AM.
- Results will be published on the RBI’s website on the same day.
- Successful bidders must make payment by June 15, 2026, the re‑issue date.
Interest on these securities will be paid semi‑annually. The 6.36% GS 2031 will pay interest on February 16 and August 16 each year, while the 7.71% GS 2066 will pay on May 18 and November 18. Both securities will be repaid at face value upon maturity.
To encourage wider participation, up to five percent of the notified amount will be reserved for retail investors under the Non‑Competitive Bidding Scheme. Individuals, firms, provident funds, and trusts can participate through banks, primary dealers, or the RBI’s Retail Direct platform. The minimum bid amount is ₹10,000, and investors can bid up to ₹2 crore per security per auction.
This will help to increase the government securities market and promote retail investment in long‑term instruments, offering investors a secure avenue with predictable returns.
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