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Results of Underwriting Auctions Conducted on July 26, 2019

In the underwriting auctions conducted on July 26, 2019 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)
6.17% GS 2021 3000 1512 1488 3000 0.27
7.27% GS 2026 3000 1512 1488 3000 0.29
GoI FRB, 2031 5000 2520 2480 5000 0.35
7.62% GS 2039 2000 1008 992 2000 3.53
7.63% GS 2059 4000 2016 1984 4000 7.00
Auction for the sale of securities will be held on July 26, 2019.

Ajit Prasad
Director (Communications)

Press Release : 2019-2020/252

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