Reserve Bank of India – Press Releases

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Government of India has introduced the sale (re-difficulty) of Government Securities, as detailed beneath, by auctions to be held on November 04, 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 below Additional Competitive Underwriting (ACU) for the underwriting public sale, relevant to every Primary Dealer (PD), are as below:

(₹ crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) quantity per PD Minimum bidding dedication per PD below ACU public sale
6.69% GS 2024 4,000 96 96
7.10% GS 2029 6,000 143 143
7.54% GS 2036 11,000 262 262
7.40% GS 2062 9,000 215 215

The underwriting public sale will probably be carried out by a number of worth-primarily based technique on November 04, 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 will probably be credited to the present account of the respective PDs with RBI on the day of difficulty of securities.

Rupambara           
Director (Communications)

Press Release: 2022-2023/1139



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