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Budget 2009-10

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Source: Reuters
Published: July 08

RBI sets minimum underwriting commitment


rbi_400The Reserve Bank of India (RBI) said on Wednesday it has set a minimum underwriting commitment of 1.77 billion rupees for each primary dealer at Friday's auction of the new 10-year bond.

It also set a minimum underwriting commitment of 1.48 billion rupees for the 6.49 percent bond maturing in 2015 and 590 million rupees each for the 7.35 percent bond maturing in 2024 and 7.50 percent bond maturing in 2034


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