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Results of Underwriting Auctions Conducted on January 17, 2020

In the underwriting auctions conducted on January 17, 2020 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 2000 1008 992 2000 0.14
7.27% GS 2026 2000 1008 992 2000 0.09
6.45% GS 2029 7000 3507 3493 7000 0.21
7.62% GS 2039 1000 504 496 1000 0.47
7.63% GS 2059 4000 2016 1984 4000 0.71
Auction for the sale of securities will be held on January 17, 2020.

Rupambara
Director   

Press Release: 2019-2020/1727

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