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Results of Underwriting Auctions Conducted on February 09, 2024

In the underwriting auctions conducted on February 09, 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:

(₹ 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)

7.37% GS 2028

7,000

3,507

3,493

7,000

0.07

7.18% GS 2033

16,000

8,001

7,999

16,000

0.09

7.30% GS 2053

10,000

5,019

4,981

10,000

0.14

 

Auction for the sale of securities will be held on February 09, 2024.

 

Ajit Prasad              
Director (Communications)

Press Release: 2023-2024/1837

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