Results of Underwriting Auctions Conducted on July 05, 2019

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Published on July 05, 2019

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Results of Underwriting Auctions Conducted on July 05, 2019

In the underwriting auctions conducted on July 05, 2019 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 2024	5,000	2520	2480	5,000	2.87
7.26% GS 2029	6,000	3003	2997	6,000	2.77
7.69% GS 2043	2,000	1008	992	2,000	2.87
7.72% GS 2049	4,000	2016	1984	4,000	2.87
Auction for the sale of securities will be held on July 05, 2019.