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Date : May 15, 2020
Results of Underwriting Auctions Conducted on May 15, 2020

In the underwriting auctions conducted on May 15, 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 12,000 6006 5994 12,000 0.31
7.57% GS 2033 11,000 5502 5498 11,000 0.71
7.16% GS 2050 7,000 3507 3493 7,000 1.97
Auction for the sale of securities will be held on May 15, 2020.

Ajit Prasad
Director   

Press Release : 2019-2020/2363


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