RBI: Conversion Switch of Government of India Securities

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Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹12,000 crore (face value)

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The security-wise details of the conversion/switch are given as under:

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TEXT HERE MK

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(e-Kuber) system on June 20, 2022 (Monday) between 10:30 AM and 11:30 AM

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The result of the auction will be announced on the same day and settlement will take place on June 21, 2022 (Tuesday).

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The market participants are required to place their bids in e-Kuber giving the amount of the source security and the price of the source and destination securities, expressed up to two decimal places.

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