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Results of Underwriting Auctions

Results of Underwriting Auctions

May 28, 2015 / 12:55 PM IST

In the underwriting auctions conducted on May 28, 2015 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)
7.68 per cent GS 2023 3,000 1,500 1,500 3,000 0.22
7.88 per cent GS 2030 7,000 3,500 3,500 7,000 0.24
7.95 per cent GS 2032 3,000 1,500 1,500 3,000 0.55
8.17 per cent GS 2044 3,000 1,500 1,500 3,000 0.74
Auction for the sale of securities will be held on May 29, 2015.

Pradip Lombar
Assistant Manager

Press Release : 2014-2015/2518

first published: May 28, 2015 12:55 pm

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