Reserve Bank of India – Press Releases

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In the underwriting auctions performed on October 14, 2022 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the reduce-off charges for underwriting fee payable to Primary Dealers as given under:

(₹ crore)
Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off price
(paise per ₹100)
6.69% GS 2024 4,000 2,016 1,984 4,000 1.50
7.10% GS 2029 6,000 3,003 2,997 6,000 0.92
7.54% GS 2036 11,000 5,502 5,498 11,000 0.58
7.40% GS 2062 9,000 4,515 4,485 9,000 0.58
Auction for the sale of securities will probably be held on October 14, 2022.

Rupambara           
Director (Communications)

Press Release: 2022-2023/1038



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