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Results of Underwriting Auctions Conducted on May 31, 2024

In the underwriting auctions conducted on May 31, 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)
New GS 2029 12,000 6006 5994 12,000 0.09
New GOI SGrB 2034 6,000 3003 2997 6,000 0.16
7.34% GS 2064 11,000 5502 5498 11,000 0.15
 

Auction for the sale of securities will be held on May 31, 2024.

 

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/408

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