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Results of Underwriting Auctions Conducted on August 16, 2024

In the underwriting auctions conducted on August 16, 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 2031 11,000 5,502 5,498 11,000 0.05
7.23% GS 2039 12,000 6,006 5,994 12,000 0.05
7.46% GS 2073 11,000 5,502 5,498 11,000 0.08
 

Auction for the sale of securities will be held on August 16, 2024.

 

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/906

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