RBI to hold ₹30,000 crore G-Sec underwriting auction
after close1 source ↓written by the desknot a recommendation
The Reserve Bank of India (RBI) announced an underwriting auction for ₹30,000 crore in Government Securities, scheduled for tomorrow. The auction will include ₹18,000 crore of 6.01% Government Security maturing in 2030 and ₹12,000 crore of 7.09% Government Security maturing in 2074. This move aims to enhance liquidity in the market and support ongoing fiscal measures.
• Auction amount: ₹30,000 crore
• Securities offered: ₹18,000 crore (6.01% GS 2030), ₹12,000 crore (7.09% GS 2074)
• Minimum Underwriting Commitment: ₹429 crore per PD for 6.01% GS 2030
Not investment advice. For informational purposes only.