Results of Underwriting Auctions Conducted on May 29, 2020

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Results of Underwriting Auctions Conducted on May 29, 2020

In the underwriting auctions conducted on May 29, 2020 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)
6.18% GS 2024	12,000	6006	5994	12,000	0.05
New GS 2034	11,000	5502	5498	11,000	0.13
7.16% GS 2050	7,000	3507	3493	7,000	0.54
Auction for the sale of securities will be held on May 29, 2020.