In the underwriting auctions conducted on September 13, 2024, 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) 7.02% GS 2031 11,000 5,502 5,498 11,000 0.03 7.46% GS 2073 11,000 5,502 5,498 11,000 0.06 Auction for the sale of securities will be held on September 13, 2024.

Shweta Sharma
General Manager

Press Release: 2024-2025/1091