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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.

Press Release


PDF document (375 kb)
Date : Apr 05, 2024
Results of Underwriting Auctions Conducted on April 05, 2024

In the underwriting auctions conducted on April 05, 2024 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)
7.33% GS 2026 6,000 3,003 2,997 6,000 0.17
New GS 2034 20,000 10,017 9,983 20,000 0.26
7.25% GS 2063 12,000 6,006 5,994 12,000 0.39
Auction for the sale of securities will be held on April 05, 2024.

Ajit Prasad            
Director (Communications)

Press Release: 2024-2025/44


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