| The Government of India have announced the sale (reissue) of “7.17 per cent Government Stock 2015” for a notified amount of `3,000 crore (nominal), "8.13 per cent Government Stock 2022" for a notified amount of `4,000 crore (nominal) and "8.30 per cent Government Stock 2040” for a notified amount of `3,000 crore (nominal) through auctions to be held on February 04, 2011. The underwriting auctions for the captioned securities will be conducted on February 03, 2011 (Thursday). As per revised scheme of underwriting, dated November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auctions, per Primary Dealer, are as under: (` in crore)
The underwriting commission will be credited to the current account of the respective PDs at the RBI, Fort, Mumbai on the date of issue of securities. R. R. Sinha Deputy General Manager Press Release : 2010-2011/1102 |
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
