Results of Underwriting Auctions Conducted on August 23, 2018

In the underwriting auctions conducted on August 23, 2018 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) 7.37% GS 2023 2000 1008 992 2000 0.46 7.17% GS 2028 5000 2520 2480 5000 0.41 7.40% GS 2035 2000 1008 992 2000 1.98 7.06% GS 2046 3000 1512 1488 3000 1.93 Auction for the sale of securities will be held on August 24, 2018. Ajit Prasad Assistant Adviser Press Release : 2018-2019/446

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