MUMBAI, India, Feb. 13 -- 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 February 14, 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 6.64% GS 2027 7,000 167 167 6.79% GS 2034 22,000 524 524 7.09% GS 2074 10,000 239 239
The underwriting auction...