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National Economy Economy & Banking

Reserve Bank notifies a Rs 33,000 crore re-issue auction of two Government of India dated securities

The Reserve Bank of India announced that the Government of India will re-issue two dated securities for a total notified amount of Rs 33,000 crore. They are 6.53% GS 2031 for Rs 19,000 crore, repayable on September 7, 2031, and 7.71% GS 2066 for Rs 14,000 crore, repayable on May 18, 2066. The Government may retain additional subscription of up to Rs 2,000 crore against each security. The auction is set for Friday, October 23, 2026, by the multiple price method, with settlement on Monday, October 26, 2026.

Total notified amount: Rs 33,000 crore 6.53% GS 2031: Rs 19,000 crore 7.71% GS 2066: Rs 14,000 crore Auction date: October 23, 2026
Why it matters for exams: Dated securities, notified amount, greenshoe and the multiple price method are standard banking-exam vocabulary.
Kerala PSCUPSCBank
19 October 2026 Source: Reserve Bank of India

In plain words

Greenshoe Additional subscription option — It lets the issuer retain extra subscription beyond the notified amount.

e-Kuber RBI's Core Banking Solution — Auction bids are submitted through this system.

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