{"id":604,"date":"2014-12-17T00:00:00","date_gmt":"2014-12-16T18:30:00","guid":{"rendered":""},"modified":"2015-12-31T16:29:59","modified_gmt":"2015-12-31T10:59:59","slug":"underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014","status":"publish","type":"post","link":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/","title":{"rendered":"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014"},"content":{"rendered":"

The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on December 19, 2014.<\/p>\n

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:<\/p>\n\n\n\n\n\n\n\n\n
\n

(Rs. in crore)<\/p>\n<\/td>\n<\/tr>\n

\n

Nomenclature of the Security<\/strong><\/p>\n<\/td>\n

\n

Notified Amount<\/strong><\/p>\n<\/td>\n

\n

MUC amount per Primary Dealer<\/strong><\/p>\n<\/td>\n

\n

Minimum bidding commitment per PD under ACU auction<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

8.27 per cent GS 2020<\/p>\n<\/td>\n

\n

3000<\/p>\n<\/td>\n

\n

75<\/p>\n<\/td>\n

\n

75<\/p>\n<\/td>\n<\/tr>\n

\n

8.40 per cent GS 2024<\/p>\n<\/td>\n

\n

6000<\/p>\n<\/td>\n

\n

150<\/p>\n<\/td>\n

\n

150<\/p>\n<\/td>\n<\/tr>\n

\n

8.24 per cent GS 2033<\/p>\n<\/td>\n

\n

2000<\/p>\n<\/td>\n

\n

50<\/p>\n<\/td>\n

\n

50<\/p>\n<\/td>\n<\/tr>\n

\n

8.17 per cent GS 2044<\/p>\n<\/td>\n

\n

3000<\/p>\n<\/td>\n

\n

75<\/p>\n<\/td>\n

\n

75<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The underwriting auctions will be conducted using multiple price based auction method on December 18, 2014. Primary Dealers (PDs) may submit their bids for ACU auctions electronically through Core Banking Solution (E- Kuber) System between 10.30 a.m. and 12.00 noon on the date of underwriting auction.<\/p>\n

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.<\/p>\n

Ajit Prasad
Assistant General Manager<\/p>\n

Press Release : 2014-2015\/1251<\/p>\n","protected":false},"excerpt":{"rendered":"

The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on December 19, 2014. 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 … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[174],"yoast_head":"\nUnderwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014 - All About Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014 - All About Finance\" \/>\n<meta property=\"og:description\" content=\"The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on December 19, 2014. 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 ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\" \/>\n<meta property=\"og:site_name\" content=\"All About Finance\" \/>\n<meta property=\"article:published_time\" content=\"2014-12-16T18:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2015-12-31T10:59:59+00:00\" \/>\n<meta name=\"author\" content=\"Taxclick Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Taxclick Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\"},\"author\":{\"name\":\"Taxclick Team\",\"@id\":\"https:\/\/taxclick.org\/#\/schema\/person\/001610fef58d5ab169d94a2403c6a227\"},\"headline\":\"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014\",\"datePublished\":\"2014-12-16T18:30:00+00:00\",\"dateModified\":\"2015-12-31T10:59:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\"},\"wordCount\":176,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/taxclick.org\/#organization\"},\"keywords\":[\"RBI\"],\"articleSection\":[\"Banking\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\",\"url\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\",\"name\":\"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014 - All About Finance\",\"isPartOf\":{\"@id\":\"https:\/\/taxclick.org\/#website\"},\"datePublished\":\"2014-12-16T18:30:00+00:00\",\"dateModified\":\"2015-12-31T10:59:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/taxclick.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/taxclick.org\/#website\",\"url\":\"https:\/\/taxclick.org\/\",\"name\":\"All About Finance\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/taxclick.org\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/taxclick.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/taxclick.org\/#organization\",\"name\":\"All About Finance\",\"url\":\"https:\/\/taxclick.org\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/taxclick.org\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/taxclick.org\/wp-content\/uploads\/2016\/01\/taxclick-logo.png\",\"contentUrl\":\"https:\/\/taxclick.org\/wp-content\/uploads\/2016\/01\/taxclick-logo.png\",\"width\":235,\"height\":68,\"caption\":\"All About Finance\"},\"image\":{\"@id\":\"https:\/\/taxclick.org\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/taxclick.org\/#\/schema\/person\/001610fef58d5ab169d94a2403c6a227\",\"name\":\"Taxclick Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/taxclick.org\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e6fa54245d717c2dfae29cb1bb4ee5d9?s=96&d=ANSPRESS_AVATAR_SRC&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e6fa54245d717c2dfae29cb1bb4ee5d9?s=96&d=ANSPRESS_AVATAR_SRC&r=g\",\"caption\":\"Taxclick Team\"},\"description\":\"This is the team of the finance profession who, update the site on daily basis. The team is also responsible for giving the update as earliest and also give the timely reply to the quires asked by the visitors. The team can be reached at info@taxclick.org.\",\"url\":\"https:\/\/taxclick.org\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014 - All About Finance","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/","og_locale":"en_US","og_type":"article","og_title":"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014 - All About Finance","og_description":"The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on December 19, 2014. 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 ... Read more","og_url":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/","og_site_name":"All About Finance","article_published_time":"2014-12-16T18:30:00+00:00","article_modified_time":"2015-12-31T10:59:59+00:00","author":"Taxclick Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Taxclick Team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#article","isPartOf":{"@id":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/"},"author":{"name":"Taxclick Team","@id":"https:\/\/taxclick.org\/#\/schema\/person\/001610fef58d5ab169d94a2403c6a227"},"headline":"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014","datePublished":"2014-12-16T18:30:00+00:00","dateModified":"2015-12-31T10:59:59+00:00","mainEntityOfPage":{"@id":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/"},"wordCount":176,"commentCount":0,"publisher":{"@id":"https:\/\/taxclick.org\/#organization"},"keywords":["RBI"],"articleSection":["Banking"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/","url":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/","name":"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014 - All About Finance","isPartOf":{"@id":"https:\/\/taxclick.org\/#website"},"datePublished":"2014-12-16T18:30:00+00:00","dateModified":"2015-12-31T10:59:59+00:00","breadcrumb":{"@id":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/taxclick.org\/type\/banking\/underwriting-auctions-for-government-securities-for-rs-14-000-crore-on-december-19-2014\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/taxclick.org\/"},{"@type":"ListItem","position":2,"name":"Underwriting Auctions for Government Securities for Rs. 14,000 crore on December 19, 2014"}]},{"@type":"WebSite","@id":"https:\/\/taxclick.org\/#website","url":"https:\/\/taxclick.org\/","name":"All About Finance","description":"","publisher":{"@id":"https:\/\/taxclick.org\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/taxclick.org\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/taxclick.org\/#organization","name":"All About Finance","url":"https:\/\/taxclick.org\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/taxclick.org\/#\/schema\/logo\/image\/","url":"https:\/\/taxclick.org\/wp-content\/uploads\/2016\/01\/taxclick-logo.png","contentUrl":"https:\/\/taxclick.org\/wp-content\/uploads\/2016\/01\/taxclick-logo.png","width":235,"height":68,"caption":"All About Finance"},"image":{"@id":"https:\/\/taxclick.org\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/taxclick.org\/#\/schema\/person\/001610fef58d5ab169d94a2403c6a227","name":"Taxclick Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/taxclick.org\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e6fa54245d717c2dfae29cb1bb4ee5d9?s=96&d=ANSPRESS_AVATAR_SRC&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e6fa54245d717c2dfae29cb1bb4ee5d9?s=96&d=ANSPRESS_AVATAR_SRC&r=g","caption":"Taxclick Team"},"description":"This is the team of the finance profession who, update the site on daily basis. The team is also responsible for giving the update as earliest and also give the timely reply to the quires asked by the visitors. The team can be reached at info@taxclick.org.","url":"https:\/\/taxclick.org\/author\/admin\/"}]}},"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false,"yarpp-thumbnail":false},"uagb_author_info":{"display_name":"Taxclick Team","author_link":"https:\/\/taxclick.org\/author\/admin\/"},"uagb_comment_info":0,"uagb_excerpt":"The Government of India have announced the sale (re-issue) of the Government Stock through auctions to be held on December 19, 2014. 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…","_links":{"self":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/posts\/604"}],"collection":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/comments?post=604"}],"version-history":[{"count":0,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/posts\/604\/revisions"}],"wp:attachment":[{"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/media?parent=604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/categories?post=604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxclick.org\/wp-json\/wp\/v2\/tags?post=604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}