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Underwriting Auctions for Government Securities (Reserve Bank of India)
Dec 26th 2012, 08:23

(Source: Reserve Bank of India) The Government of India have announced the sale (a new / re-issue) of (i)'8.12 per cent Government Stock 2020' for a notified amount of`.3,000 crore (nominal); (ii)'8.20 per cent Government Stock 2025' for a notified amount of `6,000 crore (nominal); and (iii)'a new 30 - Year Government Stock 2042' for a notified amount of `3,000 crore (nominal) through auctions to be held on December 28, 2012. As per revised scheme of underwriting, dated November 14, 2007, the amounts of Minimum Underwriting...

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