R esults of Underwriting Auctions
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Date : 08 Jan 2015 |
In the underwriting auctions conducted on January 8, 2015 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:
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(` crore)
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Nomenclature of the Security
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Notified Amount
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Minimum Underwriting Commitment (MUC) Amount
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Additional Competitive Underwriting Amount Accepted
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Total Amount underwritten
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ACU Commission Cut-off rate (paise per ` 100)
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8.08 per cent GS 2022
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2,000
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1,000
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1,000
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2,000
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0.19
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8.40 per cent GS 2024
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6,000
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3,000
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3,000
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6,000
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0.19
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9.20 per cent GS 2030
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3,000
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1,500
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1,500
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3,000
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0.28
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8.30 per cent GS 2040
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3,000
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1,500
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1,500
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3,000
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0.32
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Auction for the sale of securities will be held on January 9, 2015.
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Ajit Prasad
Assistant General Manager
Press Release : 2014-2015/1436
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distributed by
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