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Results of Underwriting Auctions Conducted on June 19, 2020

In the underwriting auctions conducted on June 19, 2020 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)
5.09% GS 2022 3,000 1512 1488 3,000 0.02
5.79% GS 2030 18,000 9009 8991 18,000 0.09
New GOI FRB 2033 (maturing on Sep 23, 2033) 4,000 2016 1984 4,000 0.99
7.19% GS 2060 5,000 2520 2480 5,000 0.39
Auction for the sale of securities will be held on June 19, 2020.

Ajit Prasad
Director   

Press Release: 2019-2020/2517

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