Results of Underwriting Auctions Conducted on February 18, 2021
Ten News Network
In the underwriting auctions conducted on February 18, 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) |
3.96% GS 2022 | 2,000 | 1,008 | 992 | 2,000 | 4.70 |
5.15% GS 2025 | 11,000 | 5,502 | 5,498 | 11,000 | 44.00 |
5.85% GS 2030 | 11,000 | 5,502 | 5,498 | 11,000 | 49.00 |
New GS 2061 | 7,000 | – | – | – | – |
Auction for the sale of securities will be held on February 18, 2021. |
Rupambara
Director