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Results of Underwriting Auctions Conducted on January 29, 2021

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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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