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Date : Jan 31, 2020
Results of Underwriting Auctions Conducted on January 31, 2020

In the underwriting auctions conducted on January 31, 2020 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 0.06
7.27% GS 2026 2,000 1008 992 2000 0.11
6.45% GS 2029 5,000 2520 2480 5000 0.14
7.62% GS 2039 1,000 504 496 1000 0.38
7.63% GS 2059 4,000 2016 1984 4000 0.47
Auction for the sale of securities will be held on January 31, 2020.

Ajit Prasad
Director  

Press Release : 2019-2020/1835


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