Government of India has introduced the sale (re-difficulty) of Government Securities, as detailed under, by means of auctions to be held on November 11, 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:
The underwriting public sale might be performed by means of a number of worth-based mostly methodology on November 11, 2022 (Friday). PDs might submit their bids for ACU public sale electronically by means 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: 2022-2023/1174 |