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Results of Underwriting Auctions

Results of Underwriting Auctions

February 10, 2011 / 15:25 IST
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In the auctions of the securities conducted on February 10, 2011 for Additional Competitive Underwriting (ACU), the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:
(` in 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 Rs.100)
7.49% GS 2017 3000 1500 1500 3000 0.49
8.08% GS 2022 4000 2000 2000 4000 0.45
8.26% GS 2027 3000 1500 1500 3000 0.62
Auction for the sale of securities will be held on February 11, 2011.
Sabeeta Badkar Assistant Manager
Press Release : 2010-2011/1152
first published: Feb 10, 2011 03:25 pm

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