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Date : Apr 30, 2020
Results of Underwriting Auctions Conducted on April 30, 2020

In the underwriting auctions conducted on April 30, 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)
6.18% GS 2024 9,000 4515 4485 9,000 0.08
7.57% GS 2033 4,000 2016 1984 4,000 0.19
7.16% GS 2050 6,000 3003 2997 6,000 1.24
Auction for the sale of securities will be held on April 30, 2020.

Ajit Prasad
Director  

Press Release : 2019-2020/2292


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