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

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Capital Market
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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First Published: May 26 2022 | 2:54 PM IST

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