Underwriting Auction for sale of Government Securities for ₹32,000 crore on January 03, 2025

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Published on January 02, 2025

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Underwriting Auction for sale of Government Securities for ₹32,000 crore on January 03, 2025

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on January 03, 2025 (Friday).

As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

(₹ crore)
Security	Notified Amount	MUC amount per PD	Minimum bidding commitment per PD under ACU auction
6.79% GS 2034	22,000	524	524
7.09% GS 2074	10,000	239	239

The underwriting auction will be conducted through multiple price-based method on January 03, 2025 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E-Kuber) System between 09:00 A.M. and 09:30 A.M. on the day of underwriting auction.

The underwriting commission will be credited to the current account of the respective PDs with RBI on the day of issue of securities.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/1841