RBI to Auction Government Bonds Worth ₹25,000 Crore:
The Reserve Bank of India (RBI) will hold an auction of two government bonds worth ₹25,000 crore on July 11, 2025. This auction will take place through RBI’s e-Kuber platform at its Mumbai office. These types of bonds are known as dated securities, and they help the government raise money for long-term needs.
According to the RBI, the auction will include:
- A new government bond (called Government Security or GS) worth ₹11,000 crore, maturing on July 14, 2032.
- A re-issue of an older bond—7.09% GS, maturing on November 25, 2074, worth ₹14,000 crore.
- The government may also accept ₹2,000 crore more in extra subscriptions for each bond, depending on the demand. The settlement (payment and issue of bonds) will happen on July 14, 2025.