What Government Bonds Worth ₹32,000 Crore Are Up for Sale on September 26?

Synopsis
Key Takeaways
- Government bonds worth ₹32,000 crore are being auctioned.
- Auction scheduled for September 26.
- Two lots: 6.68% Government Security 2040 and 6.90% Government Security 2065.
- Electronic bidding through RBI's E-Kuber system is required.
- Low-risk investment opportunity for both individuals and institutions.
New Delhi, Sep 22 (NationPress) The Finance Ministry revealed on Monday that it will auction government bonds valued at ₹32,000 crore in two separate lots, with the Reserve Bank of India (RBI) overseeing the transactions in Mumbai on September 26.
The initial lot includes the “6.68 percent Government Security 2040” with a notified amount of ₹16,000 crore, while the second lot features the “6.90 percent Government Security 2065”, also valued at ₹16,000 crore.
As stated officially, both lots will be auctioned utilizing a price-based auction method incorporating multiple pricing.
The Government of India retains the right to accept additional subscriptions up to ₹2,000 crore for each of the securities listed. The auctions will be executed by the RBI at its Mumbai Office, located in Fort, on Friday.
Eligible individuals and institutions can acquire up to 5 percent of the notified amount through the Scheme for Non-Competitive Bidding Facility during the Government Securities Auction.
Bidders must submit both competitive and non-competitive bids electronically via the RBI's Core Banking Solution (E-Kuber system) on September 26, 2025.
Non-competitive bids are to be submitted between 10:30 A.M. and 11:00 A.M., while competitive bids are due from 10:30 A.M. to 11:30 A.M.
The auction results will be published on September 26, with payments from successful bidders due on September 29 (Monday).
These securities will also qualify for “When Issued” trading, in compliance with the Reserve Bank of India guidelines outlined in circular No. RBI/2018-19/25 dated July 24, 2018, updated as necessary.
A government bond signifies debt issued by a government and offered to investors to finance expenditures. These bonds are typically considered low-risk investments due to government backing, which results in lower interest rates.