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Results of Underwriting Auctions Conducted on May 24, 2024

In the underwriting auctions conducted on May 24, 2024, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

  (₹ crore)

Nomenclature of the Security

Notified Amount

Minimum Underwriting Commitment (MUC) Amount

Additional Competitive Underwriting Amount Accepted

Total Amount underwritten

ACU Commission Cut-off rate

(paise per ₹100)

New GS 2027

6,000

3,003

2,997

6,000

0.08

7.23% GS 2039

12,000

6,006

5,994

12,000

0.09

7.46% GS 2073

11,000

5,502

5,498

11,000

0.14

Auction for the sale of securities will be held on May 24, 2024.

Ajit Prasad              
Deputy General Manager
(Communications)      

Press Release: 2024-2025/362

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