Results of Underwriting Auctions Conducted on April 12, 2019

In the underwriting auctions conducted on April 12, 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)
7.32% GS 2024 5,000 2520 2480 5,000 0.14
7.26% GS 2029 6,000 3003 2997 6,000 0.14
7.40% GS 2035 2,000 1008 992 2,000 1.47
New GS 2049 4,000 2016 1984 4,000 1.88
Auction for the sale of securities will be held on April 12, 2019.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/2435

from PRESS RELEASES FROM RBI http://bit.ly/2D4hPbF

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