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Date : Nov 08, 2019
Results of Underwriting Auctions Conducted on November 08, 2019

In the underwriting auctions conducted on November 08, 2019 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)
6.17% GS 2021 2,000 1008 992 2000 0.11
7.27% GS 2026 2,000 1008 992 2000 0.18
6.45% GS 2029 7,000 3507 3493 7000 0.28
7.62% GS 2039 1,000 504 496 1000 0.98
7.63% GS 2059 4,000 2016 1984 4000 2.30
Auction for the sale of securities will be held on November 08, 2019.

Ajit Prasad
Director  

Press Release : 2019-2020/1138


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