Results of Underwriting Auctions Conducted on October 20, 2023

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Published on October 20, 2023

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Results of Underwriting Auctions Conducted on October 20, 2023

In the underwriting auctions conducted on October 20, 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)
New GS 2028	7,000	3,507	3,493	7,000	0.28
7.18% GS 2033	13,000	6,510	6,490	13,000	0.35
7.30% GS 2053	10,000	5,019	4,981	10,000	0.48
Auction for the sale of securities will be held on October 20, 2023.