The Government of India has announced the reissue of four dated securities totaling ₹33,000 crore, including 6.20% GS 2029, with auction scheduled for October 27, 2026. The move reflects ongoing borrowing program execution amid fiscal requirements.
Government Reopens Dated Securities for ₹33,000 Crore
The Government of India (GoI) has announced the sale (re-issue) of four dated securities for an aggregate amount of ₹33,000 crore. The largest component, ₹9,000 crore, pertains to the 6.20% Government Stock (GS) maturing on August 17, 2029. The auction date for these securities is October 27, 2026, with settlement scheduled for October 29, 2026.
The reissue of existing securities is a standard mechanism under the Government’s borrowing program, enabling cost-efficient market access by leveraging existing lines with active secondary market trading. The notified amounts across the series are intended to meet medium- to long-term fiscal funding needs while maintaining stability in the government securities market.
For legal and financial practitioners, especially those advising on public debt instruments or institutional investment, these auctions are essential reference points for pricing benchmarks and compliance with SLR (Statutory Liquidity Ratio) investment norms. The specific notification reference is F.No.4(1)-B(W&M)/20, issued by the Ministry of Finance.
