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Date : Jun 24, 2022
Results of Underwriting Auctions Conducted on June 24, 2022

In the underwriting auctions conducted on June 24, 2022, 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 GS 2024 4,000 2,016 1,984 4,000 0.58
7.10% GS 2029 7,000 3,507 3,493 7,000 0.62
6.54% GS 2032 13,000 6,510 6,490 13,000 0.48
6.95% GS 2061 9,000 4,515 4,485 9,000 0.58
Auction for the sale of securities will be held on June 24, 2022.

Rupambara           
Director (Communications)

Press Release: 2022-2023/415


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