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Result of Underwriting Auction conducted on December 20, 2024

In the underwriting auction conducted on December 20, 2024, 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:

Nomenclature of the Security Notified Amount
(₹ crore)
Minimum Underwriting Commitment (MUC) Amount
(₹ crore)
Additional Competitive Underwriting Amount Accepted
(₹ crore)
Total Amount underwritten
(₹ crore)
ACU Commission Cut-off rate
(paise per ₹100)
New GS 2029 14,000 7,014 6,986 14,000 0.15
7.34% GS 2064 15,000 7,518 7,482 15,000 0.28
Auction for the sale of securities will be held on December 20, 2024.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1743

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