In the underwriting auction conducted on December 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:

Nomenclature of the Security Notified Amount
(₹ crore)
Minimum Underwriting Commitment (MUC) Amount
(₹ crore)
Additional Competitive Underwriting Amount Accepted
(₹ crore)
Total Amount underwritten
(₹ crore)
ACU Commission Cut-off rate
(paise per ₹100)
New GS 2029 14,000 7,014 6,986 14,000 0.15
7.34% GS 2064 15,000 7,518 7,482 15,000 0.28
Auction for the sale of securities will be held on December 20, 2024.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1743