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Results of Underwriting Auctions Conducted on May 10, 2024

In the underwriting auctions conducted on May 10, 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)

7.32% GS 2030

11,000

5502

5498

11,000

0.12

7.30% GS 2053

9,000

4515

4485

9,000

0.18

Auction for the sale of securities will be held on May 10, 2024.

Ajit Prasad              
Deputy General Manager
(Communications)      

Press Release: 2024-2025/276

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