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Friday, 22 February 2013

R.B.I. Rule For Underwriting Auctions

Results of Underwriting Auctions 








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:

(` 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)

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.

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