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Results of Underwriting Auctions Conducted on April 13, 2023

In the underwriting auctions conducted on April 13, 2023 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 2026 8,000 4011 3989 8,000 0.25
New GS 2030 7,000 3507 3493 7,000 0.34
7.41% GS 2036 12,000 6006 5994 12,000 0.47
7.40% GS 2062 12,000 6006 5994 12,000 0.84
Auction for the sale of securities will be held on April 13, 2023.

Ajit Prasad           
Director (Communications)

Press Release: 2023-2024/58

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