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Results of Underwriting Auctions Conducted on December 22, 2023

     In the underwriting auctions conducted on December 22, 2023 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)

7.33% GS 2026

8,000

4,011

3,989

8,000

0.09

7.18% GS 2037

10,000

5,019

4,981

10,000

0.12

7.25% GS 2063

12,000

6,006

5,994

12,000

0.23

Auction for the sale of securities will be held on December 22, 2023.

Ajit Prasad              
Director (Communications)

Press Release: 2023-2024/1523                                                   

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