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Results of Underwriting Auctions Conducted on July 26, 2024

In the underwriting auctions conducted on July 26, 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

0.05

7.23% GS 2039

12,000

6,006

5,994

12,000

0.07

7.34% GS 2064

11,000

5,502

5,498

11,000

0.09

Auction for the sale of securities will be held on July 26, 2024.

 

Ajit Prasad              
Deputy General Manager
(Communications)      

Press Release: 2024-2025/772

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