The Government of India has announced the auction (re-issue) of two dated government securities aggregating Rs 29,000 crore, to be conducted through the Reserve Bank of India.

The auction includes:

6.68% GS 2040, maturing on July 7, 2040, for a notified amount of Rs 16,000 crore

6.90% GS 2065, maturing on April 15, 2065, for a notified amount of Rs 13,000 crore

The auction will be held on January 09, 2026 (Friday), with settlement scheduled for January 12, 2026 (Monday). The government has also retained the option to accept additional subscriptions of up to Rs 2,000 crore against each security.

The securities will be sold through the RBI’s Mumbai Office, Fort, and the auction will be conducted using the multiple price method. Both competitive and non-competitive bids must be submitted electronically via the RBI’s e-Kuber system on the auction date. Non-competitive bids can be placed between 10:30 a.m. and 11:00 a.m., while competitive bids will be accepted from 10:30 a.m. to 11:30 a.m. Results will be announced on the same day.

Bids for Additional Competitive Underwriting (ACU) may be submitted by Primary Dealers between 9:00 a.m. and 9:30 a.m. on January 09, 2026.

The securities will also be eligible for “When Issued” trading from January 06 to January 09, 2026. Operational guidelines and other details are provided in the official annexure accompanying the notification.