Results of Underwriting Auctions

By RBI
Thursday, September 8, 2011

In the auctions of the securities conducted on September 8, 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

0.28

7.80% GS 2021

5000

2520

2480

5000

0.22

8.28% GS 2027

3000

1512

1488

3000

0.32
                  Auction for the sale of securities will be held on September 9, 2011.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/379
Filed under: Finance

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