Results of Underwriting Auctions Conducted on July 09, 2021

In the underwriting auctions conducted on July 09, 2021 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)
4.26% GS 2023 3,000 1,512 1,488 3,000 1.89
New GS 2031 14,000 7,014 6,986 14,000 19.00
6.76% GS 2061 9,000 4,515 4,485 9,000 7.37
Auction for the sale of securities will be held on July 09, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/507

COMMENTS