RBI schedules underwriting auction for Rs 32,000 crore government securities on August 7
New Delhi, Aug. 6 -- The Government of India is set to conduct an underwriting auction for the sale (re-issue) of Government Securities for Rs 32,000 crore on Friday (August 7). According to the Reserve Bank of India (RBI), the entire notified amount for the new securities is subject to this underwriting process.
"The underwriting auction will be conducted through multiple price-based method on August 07, 2026 (Friday). PDs may submit their bids for ACU auction electronically through Reserve Bank of India Core Banking Solution (e-Kuber system)," the RBI said.
The securities include the re-issue of two securities - 6.36 per cent Government Security (GS) maturing in 2031 and 7.71 per cent GS maturing in 2066, carrying a notified amount of...
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