Results of Underwriting Auctions Conducted on June 11, 2021

In the underwriting auctions conducted on June 11, 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 0.35
5.85% GS 2030 14,000 7,014 6,986 14,000 8.00
6.76% GS 2061 9,000 4,515 4,485 9,000 8.80
Auction for the sale of securities will be held on June 11, 2021.

Ajit Prasad
Director   

Press Release: 2021-2022/351

COMMENTS