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Results of Underwriting Auctions

Results of Underwriting Auctions

April 09, 2015 / 13:20 IST
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In the underwriting auctions conducted on April 9, 2015 for Additional Competitive Underwriting (ACU) of the captioned 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)
8.27 per cent GS 2020 3000 1500 1500 3000 0.23
8.15 per cent GS 2026 7000 3500 3500 7000 0.29
8.24 per cent GS 2033 3000 1500 1500 3000 0.50
8.17 per cent GS 2044 3000 1500 1500 3000 0.48
Auction for the sale of securities will be held on April 10, 2015.
Ajit Prasad Assistant General Manager
Press Release : 2014-2015/2129
first published: Apr 9, 2015 01:20 pm

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