Results of Underwriting Auctions

By RBI
Wednesday, August 17, 2011

In the auctions of the securities conducted on August 17, 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

3000

1512

1488

3000

0.30

8.08% GS 2022

4000

2016

1984

4000

0.26

8.28% GS 2032

3000

1512

1488

3000

0.41

                     Auction for the sale of securities will be held on August 18, 2011.

J.D. Desai
Assistant Manager

Press Release : 2011-2012/256

Filed under: Finance

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