In the underwriting auctions conducted on September 20, 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) 7.10% GS 2034 20,000 10,017 9,983 20,000 0.04 7.34% GS 2064 11,000 5,502 5,498 11,000 0.05 Auction for the sale of securities will be held on September 20, 2024.
Shweta Sharma
General Manager
Press Release: 2024-2025/1134