Results of Underwriting Auctions Conducted on January 13, 2023

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Mumbai (13/01/2023): In the underwriting auctions conducted on January 13, 2023 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 2025 4,000 2,016 1,984 4,000 0.09
7.10% GS 2029 6,000 3,003 2,997 6,000 0.11
7.41% GS 2036 11,000 5,502 5,498 11,000 0.17
7.40% GS 2062 9,000 4,515 4,485 9,000 0.18
Auction for the sale of securities will be held on January 13, 2023.
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