Press release 🌐 Macro 🌍 India

India Announces ₹33,000 Crore Government Securities Auction for October 1

India will auction ₹33,000 crore in government securities on October 1, 2026, featuring re-issues of the 2029, 2033, and 2056 maturity bonds, alongside a sovereign green bond.

🕐 1 min read

4 assets impacted. Net bias: 0 Bullish, 0 Bearish, 4 Neutral. Strongest signal: 6.20% GS 2029 → 2/10 (70% confidence).

📊 Affected Assets (4)

6.20% GS 2029
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

Government of India announced re-issue of 6.20% GS 2029 for ₹9,000 crore via underwriting auction.

6.57% GS 2033
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

Government of India announced re-issue of 6.57% GS 2033 for ₹12,000 crore via underwriting auction.

7.63% GS 2056
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

Government of India announced re-issue of 7.63% GS 2056 for ₹9,000 crore via underwriting auction.

7.50% GOI SGrB 2056
Neutral 🤖 70%
📅 Short-term 🌍 IN · Explicit

Government of India announced re-issue of 7.50% GOI Sovereign Green Bond 2056 for ₹3,000 crore via underwriting auction.

🎯 Key Takeaways

  • Total issuance of ₹33,000 crore across four distinct government security tranches.
  • Auction includes the 6.20% GS 2029, 6.57% GS 2033, 7.63% GS 2056, and 7.50% Sovereign Green Bond 2056.
  • Primary dealers must submit bids via the RBI's e-Kuber system between 09:00 A.M. and 09:30 A.M. on October 1.

📝 Executive Summary

The Government of India has scheduled a re-issue of four government securities totaling ₹33,000 crore on October 1, 2026. The auction, conducted via the RBI's e-Kuber system, includes a mix of standard government bonds and a sovereign green bond, with underwriting commitments set for primary dealers.

❓ FAQ

What is the total amount of government securities being auctioned?

The government is auctioning a total of ₹33,000 crore across four different securities.

How will the underwriting auction be conducted?

The auction will be conducted using a multiple price-based method via the Reserve Bank of India's e-Kuber system.