Results of Underwriting Auctions Conducted on February 09, 2024

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Published on February 09, 2024

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Results of Underwriting Auctions Conducted on February 09, 2024

In the underwriting auctions conducted on February 09, 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)
7.37% GS 2028	7,000	3,507	3,493	7,000	0.07
7.18% GS 2033	16,000	8,001	7,999	16,000	0.09
7.30% GS 2053	10,000	5,019	4,981	10,000	0.14