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Government of India has introduced the sale (re-difficulty) of Government Securities, as detailed under, by way of auctions to be held on October 21, 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 might be carried out by way of a number of worth-primarily based technique on October 21, 2022 (Friday). PDs could submit their bids for ACU public sale electronically by way of 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 might be credited to the present account of the respective PDs with RBI on the day of difficulty of securities. Rupambara Press Release: 2022-2023/1073 |
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