Results of Underwriting Auctions

By RBI
Tuesday, October 25, 2011

In the auctions conducted on October 25, 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)

7.99% GS 2017

4000

2016

1984

4000

6.40

8.13% GS 2022

6000

3003

2997

6000

5.00

8.28% GS 2027

2000

1008

992

2000

10.31

8.30% GS 2040

3000

1512

1488

3000

10.00

          Auction for the sale of securities will be held on October 28, 2011.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/649

Filed under: Finance

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