RBI Announces Underwriting Auction For Sale Of Government Securities For Rs 24000 Crore

Government of India has announced the sale (re-issue) of Government Stock through auctions to be held on October 01, 2021. These include New GOI FRB 2028 (Rs 4000 crore), 6.10% GS 2031 (Rs 13000 crore) and 6.76% GS 2061 (Rs 7000 crore). The underwriting auction will be conducted through multiple price-based method on October 01, 2021 (Friday). PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between 9.00 A.M. and 9.30 A.M. on the date of underwriting auction.

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