Results of Underwriting Auctions

By RBI
Thursday, February 10, 2011

In the auctions of the securities conducted on February 10, 2011 for Additional Competitive Underwriting (ACU), the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

(` in 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 Rs.100)

7.49% GS 2017

3000

1500

1500

3000

0.49

8.08% GS 2022

4000

2000

2000

4000

0.45

8.26% GS 2027

3000

1500

1500

3000

0.62

Auction for the sale of securities will be held on February 11, 2011.

Sabeeta Badkar
Assistant Manager

Press Release : 2010-2011/1152

Filed under: Finance

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