RBI Announces Underwriting Auction For Sale Of Government Securities For Rs 26000 Crore

The Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on July 23, 2021. These securities include 4.26 GS 2023 (Rs 3000 crore), 6.10% GS 2031 (Rs 14000 crore) and 6.76% GS 2061 (Rs 9000 crore). he underwriting auction will be conducted through multiple price-based method on July 23, 2021 (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 date of underwriting auction.

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