Results of Underwriting Auctions Conducted on May 17, 2024

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Published on May 17, 2024

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Results of Underwriting Auctions Conducted on May 17, 2024

In the underwriting auctions conducted on May 17, 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)
7.10% GS 2034	20,000	10,017	9,983	20,000	0.12
7.34% GS 2064	11,000	5,502	5,498	11,000	0.17