Results of Underwriting Auctions Conducted on August 12, 2022

Ten News Network

In the underwriting auctions conducted on August 12, 2022, 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)
7.38% GS 2027 9,000 4,515 4,485 9,000 0.28
GOI FRB 2028 4,000 2,016 1,984 4,000 1.24
7.54% GS 2036 11,000 5,502 5,498 11,000 0.33
6.99% GS 2051 8,000 4,011 3,989 8,000 0.38
Auction for the sale of securities will be held on August 12, 2022.

 

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