MIL-OSI Economics: Results of Underwriting Auctions Conducted on April 19, 2024

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Source: Reserve Bank of India

In the underwriting auctions conducted on April 19, 2024 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)
7.37% GS 2028 12,000 6,006 5,994 12,000 0.34
New GS 2064 12,000 6,006 5,994 12,000 0.74
Auction for the sale of securities will be held on April 19, 2024.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/133

MIL OSI Economics –