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Date : 28 Jun 2012
Results of Underwriting Auctions

In the auctions conducted on June 28, 2012 for Additional Competitive Underwriting (ACU) of the undernoted 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)

New 5 year GS 2017

4000

2016

1984

4000

0.34

8.15% GS 2022

7000

3507

3493

7000

0.46

8.97% GS 2030

2000

1008

992

2000

0.69

8.33% GS 2036

2000

1008

992

2000

0.73

           Auction for the sale of securities will be held on June 29, 2012.

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/2090

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