Results of Underwriting Auctions Conducted on September 22, 2023

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Published on September 22, 2023

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Results of Underwriting Auctions Conducted on September 22, 2023

In the underwriting auctions conducted on September 22, 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)
7.06% GS 2028	8,000	4,011	3,989	8,000	0.15
7.18% GS 2033	14,000	7,014	6,986	14,000	0.15
7.30% GS 2053	11,000	5,502	5,498	11,000	0.17
Auction for the sale of securities will be held on September 22, 2023.