Results of Underwriting Auctions Conducted on May 12, 2023

0
243


In the underwriting auctions conducted on May 12, 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 0.18
7.17% GS 2030 7,000 3,507 3,493 7,000 0.21
7.41% GS 2036 12,000 6,006 5,994 12,000 0.24
7.40% GS 2062 12,000 6,006 5,994 12,000 0.32
Auction for the sale of securities will be held on May 12, 2023.

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/214



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here