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India Gazette
26-05-2025
- Business
- India Gazette
RBI to Auction Rs19,000 Crore in Treasury Bills on May 28
ANI 26 May 2025, 13:38 GMT+10 New Delhi [India] May 26 (ANI): The Reserve Bank of India (RBI) has announced the latest auction of Government of India Treasury Bills (T-Bills) to raise Rs 19,000 crore. The Government uses these short-term debt instruments to manage its immediate funding and liquidity requirements, the central bank said in a press release on May 23. The auction will comprise three tenures: 91-days, 182-days, and 364-days T-Bills, with the total notified amount spread across these maturities. The auction is scheduled for May 28 with the settlement to take place the following day, on May 29. The RBI has stated that the auction will be price-based using multiple price method, allowing potential investors to bid competitively. RBI has advised that the bids for auction should be submitted electronically to its Core Banking Solution (E-Kuber) system. Results of the auction will be announced on the day of the auction. Payment by successful bidders will have to be made on May 29. This latest announcement follows the RBI's successful Government Securities (G-Sec) auction held on May 23 this year, where bonds with a total notified amount of Rs. 27,000 crore were fully subscribed in two tranches--underscoring strong investor appetite for Indian sovereign debt instruments. (ANI)
India Gazette
23-05-2025
- Business
- India Gazette
Rs 27,000 crore government securities auction fully subscribed
New Delhi [India], May 23 (ANI): Government securities (G-sec) auction of Rs. 27,000 crore bonds in two tranches on Friday was fully subscribed, reflecting strong investor demand. The cut-off price for both bonds was above par. The 6.75 per cent G-sec with a notified amount of Rs. 15,000 crore maturing in 2029 was sold at a cut-off price of Rs 103.49, yielding 5.8675 per cent. The 7.09 per cent G-sec with a notified amount of Rs 12,000 crore, maturing in 2054, was sold at a cut-off price of Rs 103.39, yielding 6.8197 per cent. The bond yield is the return an investor expects to receive each year over its term to per the auction results, the development of primary dealers was stated as 'NIL' for both thebonds, indicating healthy demand for G-sec from the investor community. Primary Dealers, commonly referred to as PDs, are financial institutions authorized by the RBI to buy and sell government securities. The underwriting auction was conducted through multiple price-based methods on May 23 (Friday) between 09:00 A.M. and 09:30 A.M. Bids under Additional Competitive Underwriting (ACU) auction was done electronically through the Core Banking Solution (E-Kuber) System. Earlier this year, on March 27, the government had notified the indicative calendar for theissuance of government-dated securities, including Sovereign Green Bonds (SGrBs), for thefirst half of the fiscal year 2025-26 (April 1, 2025, to September 30, 2025). The indicative calendar for such auctions is released beforehand in order to enable institutional and retail investors to plan their investments efficiently and to provide transparency and stability to the Government Securities market. (ANI)
Time of India
22-05-2025
- Business
- Time of India
Government to auction Rs 27,000 crore in securities, split into two tranches
Representative image NEW DELHI: Government has announced the sale (re-issue) of dated government securities totaling Rs 27,000 crore, set for Friday. The auction will be split into two segments: Rs 15,000 crore at 6.75 per cent maturing in 2029, and Rs 12,000 crore at 7.09 per cent maturing in 2054. According to a statement from the Reserve Bank of India (RBI), the underwriting auction will be conducted using a multiple price-based method. The auction details include specifications for the Minimum Underwriting Commitment (MUC) and minimum bidding requirements under the Additional Competitive Underwriting (ACU) framework for each Primary Dealer (PD). Primary Dealers are permitted to submit their ACU bids electronically via the Core Banking Solution (E-Kuber) System between 9.00 am and 9.30 am on the day of the auction. 'The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of issue of the securities,' the central bank said, as reported by ANI. Earlier, on March 27, the government released the indicative calendar for the issuance of dated government securities—including Sovereign Green Bonds (SGrBs)—for the first half of the financial year 2025–26 (April 1 to September 30, 2025). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo The advance publication of the auction schedule aims to enhance transparency and promote better investment planning among institutional and retail investors, thereby contributing to the stability and efficiency of the Government Securities (G-Sec) market. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
