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Results of Underwriting Auctions Conducted on January 29, 2021

Ten News Network

In the underwriting auctions conducted on January 29, 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 6,000 3,003 2,997 6,000 0.15
GoI FRB 2033 2,000 1,008 992 2,000 0.12
6.22% GS 2035 8,000 4,011 3,989 8,000 0.59
6.67% GS 2050 5,000 2,520 2,480 5,000 0.46
Auction for the sale of securities will be held on January 29, 2021.

Ajit Prasad
Director

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