Press Releases

PDF document (318 kb)
Date : Sep 15, 2022
Underwriting Auction for sale of Government Securities for ₹33,000 crore on September 16, 2022

Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auctions to be held on September 16, 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:

(₹ crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
6.69% GS 2024 4,000 96 96
7.10% GS 2029 7,000 167 167
7.26% GS 2032 13,000 310 310
New GS 2062 9,000 215 215

The underwriting auction will be conducted through multiple price-based method on September 16, 2022 (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.

Rupambara           
Director (Communications)

Press Release: 2022-2023/873


2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
Archives
Top