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Results of Underwriting Auctions Conducted on May 03, 2024

In the underwriting auctions conducted on May 03, 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)

7.33% GS 2026

6,000

3,003

2,997

6,000

0.13

7.23% GS 2039

10,000

5,019

4,981

10,000

0.18

7.34% GS 2064

12,000

6,006

5,994

12,000

0.34

Auction for the sale of securities will be held on May 03, 2024.

 

Ajit Prasad            
Deputy General Manager
(Communications)    

Press Release: 2024-2025/237

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