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Date : Jan 07, 2016
Results of Underwriting Auctions Conducted on January 07, 2016

In the underwriting auctions conducted on January 07, 2016 for Additional Competitive Underwriting (ACU) of the undernoted 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)
7.68% GS 2023 2000 1008 992 2000 0.34
New GS 2026 8000 4011 3989 8000 0.29
7.73% GS 2034 2000 1008 992 2000 1.98
7.72% GS 2055 2000 1008 800 1808 3.49
Auction for the sale of securities will be held on January 08, 2016.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/1594


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