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BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release


PDF document (315 kb)
Date : Sep 23, 2022
Results of Underwriting Auctions Conducted on September 23, 2022

In the underwriting auctions conducted on September 23, 2022 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)
7.38% GS 2027 9,000 4,515 4,485 9,000 2.75
GOI FRB 2028 4,000 2,016 1,984 4,000 6.67
7.54% GS 2036 11,000 5,502 5,498 11,000 2.44
7.36% GS 2052 8,000 4,011 3,989 8,000 1.90
Auction for the sale of securities will be held on September 23, 2022.

Rupambara            
Director (Communications)

Press Release: 2022-2023/918


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