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Results of Underwriting Auctions Conducted on October 04, 2024

In the underwriting auctions conducted on October 04, 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)
7.02% GS 2027 7,000 3,507 3,493 7,000 0.04
New GS 2034 22,000 11,004 10,996 22,000 0.08
7.46% GS 2073 10,000 5,019 4,981 10,000 0.10
 

Auction for the sale of securities will be held on October 04, 2024.

 

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/1219

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