Results of Underwriting Auctions

By RBI
Wednesday, October 5, 2011

In the auctions conducted on October 5, 2011 for Additional Competitive Underwriting (ACU) of the 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)

8.07% GS 2017

3000

1512

1488

3000

1.97

8.08% GS 2022

6000

3003

2997

6000

1.90

8.28% GS 2027

3000

1512

1488

3000

3.50

8.30% GS 2040

3000

1512

1488

3000

3.97

             Auction for the sale of securities will be held on October 7, 2011.

J. D. Desai
Assistant Manager

Press Release : 2011-2012/538

Filed under: Finance

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