RBI auctions government securities worth Rs31,000cr today

The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of the issue of securities.

Sep 09, 2021 10:09 IST India Infoline News Service

The Reserve Bank of India (RBI) has begun auction of Government Securities aggregating to a whopping Rs31,000cr on Thursday.

The underwriting auction will be conducted through multiple price-based methods on, September 09, 2021 (Thursday). PDs may submit their bids for ACU auction electronically through the Core Banking Solution (E- Kuber) System between 9.00 A.M. And 9.30 A.M. on the date of underwriting auction.

The underwriting commission will be credited to the current account of the respective PDs with RBI on the date of the issue of securities.

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