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Date : Apr 23, 2015
Results of Underwriting Auctions

In the underwriting auctions conducted on April 23, 2015 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)
New security maturing on December 15, 2023 3,000 1,500 1,500 3,000 0.15
8.15 per cent GS 2026 7,000 3,500 3,500 7,000 0.19
8.24 per cent GS 2033 3,000 1,500 1,500 3,000 0.33
8.17 per cent GS 2044 3,000 1,500 1,500 3,000 0.39
Auction for the sale of securities will be held on April 24, 2015.

Ajit Prasad
Assistant General Manager

Press Release : 2014-2015/2239


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