October 31, 2025 1:56 PM

RBI Completes ₹32,000 Crore Bond Auction, Highest Commission Seen in Green Bond Issue

The Reserve Bank of India (RBI) on Friday announced the results of the underwriting auction conducted on October 31 for Additional Competitive Underwriting (ACU) of select Government securities. The central bank set the cut-off rates for underwriting commissions payable to Primary Dealers for four different securities. According to the RBI statement, the 5.91 per cent Government Security (GS) 2028, with a notified amount of Rs 9,000 crore, saw a Minimum Underwriting Commitment (MUC) of Rs 4,...

September 27, 2024 1:13 PM

Govt to issue Rs 20,000 cr ‘Sovereign Green Bonds’ in four tranches this fiscal

The central government has announced plans to collect ₹20,000 crore through the issuance of 'Sovereign Green Bonds' in the second half of the financial year 2024-25 (October-March), Finance Ministry said in a press release. The government aims to complete its borrowing for the latter half of FY25 through a series of 21 weekly auctions. The green bonds will be issued in four tranches, each valued at ₹5,000 crore. The first tranche will consist of a 10-year Sovereign Green Bond, scheduled for...