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Date : Jan 21, 2016
Results of Underwriting Auctions Conducted on January 21, 2016

In the underwriting auctions conducted on January 21, 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 3000 1512 1488 3000 0.29
7.59% GS 2026 7000 3507 3493 7000 0.34
7.73% GS 2034 2000 1008 992 2000 0.97
7.72% GS 2055 2000 1008 992 2000 2.79
Auction for the sale of securities will be held on January 22, 2016.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/1718


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