RBI announces underwriting auction for sale of Government Securities for Rs 33,000 crore

RBI announced underwriting auction for sale of Government Securities for Rs 33,000 crore on May 27, 2022. This includes 4.56% GS 2023 (Rs 4000 crore), 7.10% GS 2029 (Rs 7000), 6.54% GS 2032 (Rs 13000 crore), 6.95% GS 2061 (Rs 9000 crore). The underwriting auction will be conducted through multiple price-based method on May 27, 2022 (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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