Government Auctions ₹29,000 Crore in Dated Securities, Including 50-Year Bond
Why it matters
The Ministry of Finance is set to auction ₹29,000 crore in government dated securities to meet borrowing requirements. Two long-term instruments are on offer: the 6.68% GS 2040, with a maturity in 2040, seeking ₹17,000 crore, and the 7.43% GS 2076, maturing in 2076, aiming for ₹12,000 crore. The government holds a greenshoe option to retain an additional ₹2,000 crore for each security. The auction, conducted via a multiple-price method on the RBI's e-Kuber system, will occur on April 30, 2026, with settlement on May 4, 2026. Trading in the 'When Issued' segment began April 28, 2026.
- Auction Date: April 30, 2026
- Settlement Date: May 4, 2026
- System: RBI e-Kuber
- Security 1: 6.68% GS 2040 (₹17,000 Cr)
- Security 2: 7.43% GS 2076 (₹12,000 Cr)
Glossary
Dated Securities: Government securities with a specified maturity date and coupon rate.
e-Kuber: The Reserve Bank of India's platform for electronic auctions and debt management.
NaukriSync Exam Angle
Indian Economy. Note the GoI's ₹29,000 crore auction of dated securities on April 30, 2026, featuring a 50-year bond (GS 2076). Key details for MCQs include the settlement date (May 4), total amount, and the e-Kuber system.