Results of Underwriting Auctions

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Dec 29, 2011, 03.10 PM | Source: RBI

Results of Underwriting Auctions

Results of Underwriting Auctions

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Results of Underwriting Auctions

Results of Underwriting Auctions

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In the auctions conducted on December 29, 2011 for Additional Competitive Underwriting (ACU) of the undernoted 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)

7.99% GS 2017

3000

1512

1488

3000

2.80

9.15% GS 2024

6000

3003

2997

6000

0.99

8.28% GS 2027

3000

1512

1488

3000

2.95

8.83% GS 2041

3000

1512

1488

3000

1.97

            Auction for the sale of securities will be held on December 30, 2011.

Subhash Desai
Assistant Manager

Press Release : 2011-2012/1029

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