Results of Underwriting Auctions Conducted on May 12, 2023

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Published on May 12, 2023

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Results of Underwriting Auctions Conducted on May 12, 2023

In the underwriting auctions conducted on May 12, 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)
6.99% GS 2026	8,000	4,011	3,989	8,000	0.18
7.17% GS 2030	7,000	3,507	3,493	7,000	0.21
7.41% GS 2036	12,000	6,006	5,994	12,000	0.24
7.40% GS 2062	12,000	6,006	5,994	12,000	0.32
Auction for the sale of securities will be held on May 12, 2023.