India to auction ₹34,000 crore of 6.94% government bond maturing 2036

SHOTS Desk · Mon · 9 Nov 2026 · 18:55 · Reported

The Government of India will sell a re-issue of the 6.94% GS 2036 bond, maturing May 11, 2036, for a notified amount of ₹34,000 crore. The auction will be conducted by the Reserve Bank of India on November 13, 2026, with settlement on November 16, 2026.

The government retains the option to retain additional subscription of up to ₹2,000 crore against the security.

The auction will use the multiple price method. Competitive bids must be submitted via the RBI's e-Kuber system between 10:30 a.m. and 11:30 a.m., and non-competitive bids between 10:30 a.m. and 11:00 a.m. on auction day. Results will be announced the same day.

Primary Dealers may submit underwriting bids for the Additional Competitive Underwriting portion from 9:00 a.m. to 9:30 a.m. on November 13, 2026. The security is eligible for When Issued trading from November 11 to November 13, 2026.

Read it at Reserve Bank of IndiaSHOTS Desk
India to auction ₹34,000 crore of 6.94% government bond maturing 2036 · SHOTS