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Results of Underwriting Auctions Conducted on December 24, 2021

In the underwriting auctions conducted on December 24, 2021 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)
4.56% GS 2023 2,000 1008 992 2,000 0.62
5.74% GS 2026 6,000 3003 2997 6,000 1.43
6.67% GS 2035 9,000 4515 4485 9,000 1.87
6.99% GS 2051 7,000 3507 3493 7,000 3.29
Auction for the sale of securities will be held on December 24, 2021.

Ajit Prasad           
Director (Communications)

Press Release: 2021-2022/1409

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