The Government of India has announced the re-issue of two dated government securities to raise Rs 29,000 crore through an auction scheduled for February 6, 2026.

The securities include Rs 16,000 crore of 6.68% GS 2040 maturing on July 7, 2040, and Rs 13,000 crore of 6.90% GS 2065 maturing on April 15, 2065. The government also retains the option to accept an additional subscription of up to Rs 2,000 crore for each security.

The auction will be conducted by the Reserve Bank of India at its Mumbai office using the multiple price method. Both competitive and non-competitive bids will be submitted electronically via the RBI’s e-Kuber platform on February 6, with settlement scheduled for February 9, 2026.

Primary Dealers can submit underwriting bids for the Additional Competitive Underwriting (ACU) portion during designated morning hours on the auction day. The securities will also be eligible for “When Issued” trading between February 3 and February 6.