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Results of Underwriting Auctions Conducted on December 29, 2023

In the underwriting auctions conducted on December 29, 2023 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)
7.37% GS 2028 7,000 3,507 3,493 7,000 0.09
7.18% GS 2033 16,000 8,001 7,999 16,000 0.13
7.30% GS 2053 10,000 5,019 4,981 10,000 0.22
Auction for the sale of securities will be held on December 29, 2023.

Ajit Prasad              
Director (Communications)

Press Release: 2023-2024/1567

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