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Date : Dec 07, 2017
Results of Underwriting Auctions Conducted on December 7, 2017

In the underwriting auctions conducted on December 7, 2017 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)
6.84% GS 2022 3,000 1512 1488 3,000 0.07
6.68% GS 2031 8,000 4011 3989 8,000 0.09
6.57% GS 2033 1,000 504 496 1,000 0.44
7.40% GS 2035 1,000 504 496 1,000 0.44
7.72% GS 2055 2,000 1008 992 2,000 0.52
Auction for the sale of securities will be held on December 8, 2017.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1558


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