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Date : May 24, 2024
Results of Underwriting Auctions Conducted on May 24, 2024

In the underwriting auctions conducted on May 24, 2024, 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)
New GS 2027 6,000 3,003 2,997 6,000 0.08
7.23% GS 2039 12,000 6,006 5,994 12,000 0.09
7.46% GS 2073 11,000 5,502 5,498 11,000 0.14
Auction for the sale of securities will be held on May 24, 2024.

Ajit Prasad           
Deputy General Manager
(Communications)     

Press Release: 2024-2025/362


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