Results of Underwriting Auctions

By RBI
Thursday, December 8, 2011

In the auctions conducted on December 8, 2011 for Additional Competitive Underwriting (ACU) of the following 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

2000

1008

992

2000

0.90

Floating rate Bonds 2020

2000

1008

992

2000

3.77

9.15  %  GS  2024

6000

3003

2997

6000

0.87

New 30 year  GS  2041

3000

1512

1488

3000

1.33

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

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/900

Filed under: Finance

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