Results of Underwriting Auctions

By RBI
Thursday, November 3, 2011

In the auctions conducted on November 3, 2011 for Additional Competitive Underwriting (ACU) of the captioned 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)

7.83% GS 2018

4000

2016

1984

4000

1.69

New 10 year GS 2021

6000

3003

2997

6000

0.61

8.26% GS 2027

3000

1512

1488

3000

2.73
             Auction for the sale of securities will be held on November 4, 2011.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/690
Filed under: Finance

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