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Results of Underwriting Auctions Conducted on February 2, 2017

In the underwriting auctions conducted on February 2, 2017 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)
GoI FRB 2024 2000 1008 992 2000 1.75
6.79% GS 2029 5000 2520 2480 5000 0.67
6.57% GS 2033 2000 1008 992 2000 6.87
6.62% GS 2051 2000 1008 992 2000 7.00
Auction for the sale of securities will be held on February 3, 2017.

Anirudha D. Jadhav
Assistant Manager

Press Release: 2016-2017/2065

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