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Results of Underwriting Auctions Conducted on May 20, 2022

Ten News Network

Mumbai (20/05/2022): In the underwriting auctions conducted on May 20, 2022 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)
5.74% GS 2026 9,000 4,515 4,485 9,000 0.88
GOI FRB 2034 4,000 2,016 1,984 4,000 1.25
New GS 2036 10,000 5,019 4,981 10,000 0.95
6.99% GS 2051 9,000 4,515 4,485 9,000 0.94
Auction for the sale of securities will be held on May 20, 2022.

 

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