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Results of Underwriting Auctions Conducted on September 27, 2024

In the underwriting auctions conducted on September 27, 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)
7.04% GS 2029 12,000 6,006 5,994 12,000 0.03
7.23% GS 2039 12,000 6,006 5,994 12,000 0.04
7.09% GS 2054 10,000 5,019 4,981 10,000 0.09
 

Auction for the sale of securities will be held on September 27, 2024.

 

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/1169

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