Press Releases

PDF document (218 kb)
Date : Apr 04, 2019
Underwriting Auction for sale of Government Securities for ₹17,000 cr on April 05, 2019

Government of India has announced the sale (issue/re-issue) of Government Stock detailed below through auctions to be held on April 05, 2019.

As per revised 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:

(₹ in crore)
Security Notified Amount Minimum Underwriting Commitment (MUC) amount per PD Minimum bidding commitment per PD under ACU auction
7.00% GS 2021 3,000 72 72
New GS 2026 3,000 72 72
FRB 2031 5,000 120 120
New GS 2039 2,000 48 48
7.72% GS 2055 4,000 96 96

The underwriting auction will be conducted through multiple price-based method on April 05, 2019 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between 09.00 A.M. and 09.45 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.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/2367


2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Archives
Top