Press Releases

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Date : Oct 10, 2013
Results of Underwriting Auctions

In the auctions conducted on October 10, 2013 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)

8.12 % GS 2020

4000

2016

1984

4000

2.23

8.28% GS 2027

6000

3003

2997

6000

2.98

9.20% GS 2030

3000

1512

1488

3000

4.43

8.83% GS 2041

2000

1008

992

2000

6.80

         Auction for the sale of securities will be held on October 11, 2013.

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/758


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