Results of Underwriting Auctions Conducted on November 24, 2023

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Published on November 24, 2023

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Results of Underwriting Auctions Conducted on November 24, 2023

In the underwriting auctions conducted on November 24, 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)
7.33% GS 2026	8,000	4,011	3,989	8,000	0.11
7.18% GS 2037	10,000	5,019	4,981	10,000	0.12
7.25% GS 2063	12,000	6,006	5,994	12,000	0.22
Auction for the sale of securities will be held on November 24, 2023.