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Date : Nov 29, 2019
Results of Underwriting Auctions Conducted on November 29, 2019

In the underwriting auctions conducted on November 29, 2019 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 4000 2016 1984 4000 0.07
GoI FRB 2031 6000 3003 2997 6000 0.28
7.69% GS 2043 2000 1008 992 2000 0.78
7.72% GS 2049 4000 2016 1984 4000 0.99
Auction for the sale of securities will be held on November 29, 2019.

Ajit Prasad
Director  

Press Release : 2019-2020/1291


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