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Results of Underwriting Auctions Conducted on August 30, 2024

In the underwriting auctions conducted on August 30, 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)

7.10% GS 2034

20,000

10,017

9,983

20,000

0.05

7.09% GS 2054

10,000

5,019

4,981

10,000

0.07

Auction for the sale of securities will be held on August 30, 2024.

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/1000                                            

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