Results of Underwriting Auctions Conducted on June 28, 2019

In the underwriting auctions conducted on June 28, 2019 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 SecurityNotified AmountMinimum Underwriting Commitment (MUC) AmountAdditional Competitive Underwriting Amount AcceptedTotal Amount underwrittenACU Commission Cut-off rate
(paise per ₹ 100)
7.00% GS 20213,000151214883,0000.08
7.27% GS 20263,000151214883,0000.08
GoI FRB, 20315,000252024805,0000.12
7.62% GS 20392,00010089922,0000.31
7.63% GS 20594,000201619844,0000.76
Auction for the sale of securities will be held on June 28, 2019.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/3071

Source: RBI

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