Results of Underwriting Auctions Conducted on May 24, 2024

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Published on May 24, 2024

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Results of Underwriting Auctions Conducted on May 24, 2024

In the underwriting auctions conducted on May 24, 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)
New GS 2027	6,000	3,003	2,997	6,000	0.08
7.23% GS 2039	12,000	6,006	5,994	12,000	0.09
7.46% GS 2073	11,000	5,502	5,498	11,000	0.14