Results
of Underwriting Auctions
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In
the auctions conducted on February 14, 2013 for Additional Competitive
Underwriting (ACU) of the captioned 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
|
Notified
Amount
|
Minimum
Underwriting Commitment (MUC) Amount
|
Additional
Competitive Underwriting Amount Accepted
|
Total
Amount underwritten
|
ACU
Commission Cut-off rate
|
(paise per `100) | |||||
8.12
% GS 2020
|
3000
|
1512
|
1488
|
3000
|
0.28
|
8.20
% GS 2025
|
6000
|
3003
|
2997
|
6000
|
0.35
|
8.30
% GS 2042
|
3000
|
1512
|
1488
|
3000
|
0.41
|
Auction for the sale of securities will be held on February 15,
2013.
|
Friday, 22 February 2013
R.B.I. Rule For Underwriting Auctions
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