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Results of Underwriting Auctions Conducted on November 29, 2017

In the underwriting auctions conducted on November 29, 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 3,000 1512 1488 3,000 0.13
6.79% GS 2027 8,000 4011 3989 8,000 0.19
7.73% GS 2034 2,000 1008 992 2,000 0.54
7.06% GS 2046 2,000 1008 992 2,000 0.74
Auction for the sale of securities will be held on November 30, 2017.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1470

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