Underwriting Auction for sale of Government Securities for ₹33,000 crore on August 05, 2022 - ربی - Reserve Bank of India
Underwriting Auction for sale of Government Securities for ₹33,000 crore on August 05, 2022
Government of India has announced the sale (re-issue) of Government Securities, as detailed below through auctions to be held on August 05, 2022. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:
The underwriting auction will be conducted through multiple price-based method on August 05, 2022 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 10.30 A.M. and 11.00 A.M. on the date of underwriting auction. The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of issue of securities. Rupambara Press Release: 2022-2023/647 |