{"id":10551,"date":"2020-07-30T09:02:35","date_gmt":"2020-07-30T09:02:35","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=10551"},"modified":"2020-07-30T09:02:35","modified_gmt":"2020-07-30T09:02:35","slug":"reserve-bank-of-india-press-releases-81","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=10551","title":{"rendered":"Reserve Bank of India &#8211; Press Releases"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<td>\n<table width=\"100%\" border=\"0\" align=\"center\" class=\"td\">\n<tr>\n<td>\n<p>Government of India has announced the sale (issue\/re-issue) of Government Stock detailed below through auctions to be held on July 31, 2020.<\/p>\n<p>As per revised scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under:<\/p>\n<table width=\"75%\" border=\"0\" align=\"center\" cellpadding=\"0\" cellspacing=\"1\" class=\"tablebg\">\n<tr>\n<td colspan=\"4\" align=\"right\">(\u20b9 in crore)<\/td>\n<\/tr>\n<tr class=\"head\">\n<td width=\"37%\" align=\"center\">Security<\/td>\n<td width=\"20%\" align=\"center\">Notified<br \/>Amount<\/td>\n<td width=\"20%\" align=\"center\">Minimum Underwriting Commitment (MUC) amount per PD<\/td>\n<td width=\"23%\" align=\"center\">Minimum bidding commitment per PD under ACU auction<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">5.09% GS 2022<\/td>\n<td align=\"right\">3,000<\/td>\n<td align=\"right\">72<\/td>\n<td align=\"right\">72<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">New GS 2030<\/td>\n<td align=\"right\">18,000<\/td>\n<td align=\"right\">429<\/td>\n<td align=\"right\">429<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">GOI FRB 2033<\/td>\n<td align=\"right\">4,000<\/td>\n<td align=\"right\">96<\/td>\n<td align=\"right\">96<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">7.19% GS 2060<\/td>\n<td align=\"right\">5,000<\/td>\n<td align=\"right\">120<\/td>\n<td align=\"right\">120<\/td>\n<\/tr>\n<\/table>\n<p>The underwriting auction will be conducted through multiple price-based method on <span class=\"head\">July 31, 2020 (Friday)<\/span>. PDs may submit their bids for ACU auction electronically through Core Banking Solution (E- Kuber) System between <span class=\"head\">09.00 A.M. and 09.30 A.M. on the date of underwriting auction.<\/span><\/p>\n<p>The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of issue of securities.<\/p>\n<p align=\"right\"><span class=\"head\">Ajit Prasad<\/span><br \/>Director\u00a0\u00a0\u00a0<\/p>\n<p class=\"head\">Press Release: 2020-2021\/117<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/td><\/div>\n<p><a href=\\\"https:\/\/www.rbi.org.in\/scripts\/BS_PressReleaseDisplay.aspx?prid=50143\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government of India has announced the sale (issue\/re-issue) of Government Stock detailed below through auctions to be held on July 31, 2020. As per revised scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-10551","post","type-post","status-publish","format-standard","hentry","category-banking-business"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10551"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/10551\/revisions"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}