Results of Underwriting Auctions Conducted on October 14, 2022

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Published on October 14, 2022

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Results of Underwriting Auctions Conducted on October 14, 2022

In the underwriting auctions conducted on October 14, 2022 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)
6.69% GS 2024	4,000	2,016	1,984	4,000	1.50
7.10% GS 2029	6,000	3,003	2,997	6,000	0.92
7.54% GS 2036	11,000	5,502	5,498	11,000	0.58
7.40% GS 2062	9,000	4,515	4,485	9,000	0.58
Auction for the sale of securities will be held on October 14, 2022.