The Government of India has announced the sale and re-issue of government securities worth Rs 32,000 crore through an auction scheduled for April 24, 2026.

The issuance includes 6.03% Government Security (GS) 2029 and 6.68% GS 2033 with notified amounts of Rs 11,000 crore each, along with 7.24% GS 2055 and a new Government of India Sovereign Green Bond (SGrB) 2056 of Rs 5,000 crore each. Under the existing underwriting framework, each Primary Dealer (PD) will be required to undertake a Minimum Underwriting Commitment (MUC) and an equivalent minimum bidding commitment under the Additional Competitive Underwriting (ACU) mechanism.

The underwriting auction will be conducted using a multiple price-based method on the same day. Primary Dealers can submit bids electronically via the e-Kuber system of the Reserve Bank of India between 9:00 AM and 9:30 AM.

The underwriting commission will be credited to the current accounts of the respective Primary Dealers with the RBI on the day the securities are issued.