New Delhi, May 22 -- The government of India has announced the sale (re-issue) of dated government securities worth Rs 27,000 on Friday.

The securities will be sold in two tranches with a coupon rate of 6.75 per cent for a amount of Rs 15,000 crore (maturing in 2029) and at 7.09 per cent for an amount of Rs 12,000 crore (maturing in 2054).

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:

The underwriting auction will be conducted through multiple price-based methods on May 23 (Friday).

Primary Dealers (PD) can submit their bids for Additional Competitive Underwriting (ACU) auction electr...