Results of Underwriting Auctions Conducted on April 13, 2023

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In the underwriting auctions conducted on April 13, 2023 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 2026 8,000 4011 3989 8,000 0.25
New GS 2030 7,000 3507 3493 7,000 0.34
7.41% GS 2036 12,000 6006 5994 12,000 0.47
7.40% GS 2062 12,000 6006 5994 12,000 0.84
Auction for the sale of securities will be held on April 13, 2023.

Ajit Prasad           
Director (Communications)

Press Release: 2023-2024/58



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