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Results of Underwriting Auctions Conducted on June 08, 2017

In the underwriting auctions conducted on June 8, 2017 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:

(₹ cr)
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)
GOI FRB 2024 3000 1512 1488 3000 0.07
6.79% GS 2027 8000 4011 3989 8000 0.08
7.73% GS 2034 2000 1008 992 2000 0.17
7.06% GS 2046 2000 1008 992 2000 0.17
Auction for the sale of securities will be held on June 9, 2017.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/3318

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