Government of India has introduced the sale (re-subject) of Government Securities, as detailed under, by auctions to be held on October 07, 2022.
As per the extant scheme of underwriting notified on November 14, 2007, the quantities of Minimum Underwriting Commitment (MUC) and the minimal bidding dedication beneath Additional Competitive Underwriting (ACU) for the underwriting public sale, relevant to every Primary Dealer (PD), are as beneath:
The underwriting public sale can be carried out by a number of worth-based mostly methodology on October 07, 2022 (Friday). PDs could submit their bids for ACU public sale electronically by Core Banking Solution (E- Kuber) System between 09.00 A.M. and 09.30 A.M. on the day of underwriting public sale.
The underwriting fee can be credited to the present account of the respective PDs with RBI on the day of subject of securities.
Press Release: 2022-2023/1000