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Date : Nov 15, 2012
Results of Underwriting Auctions

In the auctions conducted on November 15, 2012 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)

8.07 % GS 2017-JUL

4000

2016

1984

4000

0.38

8.15 % GS 2022

6000

3003

2997

6000

0.50

8.97 % GS 2030

3000

1512

1488

3000

0.60

         Auction for the sale of securities will be held on November 16, 2012.

R. R. Sinha
Deputy General Manager

Press Release : 2012-2013/813

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