| The Government of India have announced the sale (re-issue) of (i) ‘8.27 per cent Government Stock 2020’ for a notified amount of Rs.3,000 crore (nominal); (ii) ‘8.15 per cent Government Stock 2026’ for a notified amount of Rs.7,000 crore (nominal) (iii) ‘8.24 per cent Government Stock 2033’ for a notified amount of Rs.3,000 crore (nominal) and (iv) ‘8.17 per cent Government Stock 2044’ for a notified amount of Rs.3,000 crore (nominal) through auctions to be held on April 10, 2015. 2. 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:
4.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. Ajit Prasad Assistant General Manager Press Release : 2014-2015/2113 |
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!
