New Delhi, July 6 -- The Reserve Bank of India will auction Government of India dated securities worth Rs 32,000 crore on Friday.

The auction involves the re-issue of two bonds. These are Rs 21,000 crore of the 6.36 per cent GS 2031 maturing on February 16, 2031, and Rs 11,000 crore of the 7.71 per cent GS 2066 maturing on May 18, 2066. The government will also have the option to retain an additional subscription of up to Rs 2,000 crore against each security.

The sale will be conducted by the RBI Mumbai Office using the multiple price method. Bids have to be submitted electronically on the RBI Core Banking Solution, or e-Kuber system. Non-competitive bids will be accepted between 10:30 a.m. and 11:00 a.m., while competitive bids can be ...