Results of Underwriting Auctions Conducted on July 07, 2023

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In the underwriting auctions conducted on July 07, 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)
6.99% GS 2026 8,000 4,011 3,989 8,000 0.88
7.17% GS 2030 7,000 3,507 3,493 7,000 0.50
7.41% GS 2036 12,000 6,006 5,994 12,000 0.72
7.25% GS 2063 12,000 6,006 5,994 12,000 1.15
Auction for the sale of securities will be held on July 07, 2023.

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/556



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