BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.


PDF document (290 kb)
Date : Sep 11, 2020
Results of Underwriting Auctions Conducted on September 11, 2020

In the underwriting auctions conducted on September 11, 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)
5.09% GS 2022 3,000 1,512 1,488 3,000 1.83
5.77% GS 2030 18,000 9,009 8,991 18,000 10.00
GOI FRB 2033 4,000 2,016 1,984 4,000 10.00
6.80% GS 2060 5,000 2,520 2,480 5,000 8.38
Auction for the sale of securities will be held on September 11, 2020.

Ajit Prasad
Director   

Press Release : 2020-2021/315


2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
Archives
Top