RBI - Reserve Bank of India

04/12/2024 | Press release | Distributed by Public on 04/11/2024 22:55

Results of Underwriting Auctions Conducted on April 12, 2024

In the underwriting auctions conducted on April 12, 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)
7.32% GS 2030 11,000 5,502 5,498 11,000 0.41
New GS 2039 10,000 5,019 4,981 10,000 0.43
7.30% GS 2053 9,000 4,515 4,485 9,000 0.67
Auction for the sale of securities will be held on April 12, 2024.

Ajit Prasad
Director (Communications)

Press Release: 2024-2025/83