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Results of Underwriting Auctions Conducted on October 29, 2020

In the underwriting auctions conducted on October 29, 2020 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 2023 6,000 3,003 2,997 6,000 0.14
GOI FRB 2033 3,000 1,512 1,488 3,000 0.96
New GS 2035 9,000 4,515 4,485 9,000 0.43
New GS 2050 5,000 2,520 2,480 5,000 1.40
Auction for the sale of securities will be held on October 29, 2020.

Ajit Prasad
Director  

Press Release: 2020-2021/556

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