Results of Underwriting Auctions

By RBI
Thursday, August 4, 2011

In the auctions of the securities conducted on August 4, 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:

(` 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)

8.07% GS 2017

4000

2016

1984

4000

0.31

8.13% GS 2022

5000

2520

2480

5000

0.30

8.28% GS 2027

3000

1512

1488

3000

0.49
                  Auction for the sale of securities will be held on August 5, 2011.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/186
Filed under: Finance

Tags: ,
Discuss Bellow
YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :
 
Submit