MUMBAI, India, May 15 -- Reserve Bank of India issued the following press release:
Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on May 16, 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 2031 11,000 262 262 7.09% GS 2074 14,000 334 334
The underwriting auction will be conducted through multipl...