Results of Underwriting Auctions Conducted on May 15, 2020

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In the underwriting auctions conducted on May 15, 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)
6.18% GS 2024 12,000 6006 5994 12,000 0.31
7.57% GS 2033 11,000 5502 5498 11,000 0.71
7.16% GS 2050 7,000 3507 3493 7,000 1.97
Auction for the sale of securities will be held on May 15, 2020.

Ajit Prasad
Director   

Press Release : 2019-2020/2363



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