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Date : Oct 16, 2020
Results of Underwriting Auctions Conducted on October 16, 2020

In the underwriting auctions conducted on October 16, 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)
5.22% GS 2025 8,000 4,011 3,989 8,000 5.01
6.19% GS 2034 12,000 6,006 5,994 12,000 5.33
7.16% GS 2050 8,000 4,011 3,989 8,000 8.00
Auction for the sale of securities will be held on October 16, 2020.

Ajit Prasad
Director   

Press Release : 2020-2021/496


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