Results of Underwriting Auctions Conducted on February 12, 2021

Ten News Network

Galgotias Ad

In the underwriting auctions conducted on February 12, 2021 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)
4.48% GS 2023 5,000 2,520 2,480 5,000 13.00
GoI FRB 2033 5,000 2,520 2,480 5,000 25.00
6.22% GS 2035 11,000 5,502 5,498 11,000 35.00
6.67% GS 2050 5,000 2,520 2,480 5,000 50.00
Auction for the sale of securities will be held on February 12, 2021.

Rupambara
Director

Leave A Reply

Your email address will not be published.