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Results of Underwriting Auctions Conducted on April 22, 2022

In the underwriting auctions conducted on April 22, 2022 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)
5.74% GS 2026 9,000 4515 4485 9,000 2.44
GOI FRB 2034 4,000 2016 1984 4,000 1.80
6.67% GS 2035 10,000 5019 4981 10,000 1.18
6.99% GS 2051 9,000 4515 4485 9,000 1.78
Auction for the sale of securities will be held on April 22, 2022.

Rupambara           
Director (Communications)

Press Release: 2022-2023/97

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