In the underwriting auction conducted on January 17, 2025, 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)
6.75% GS 2029 14,000 7,014 6,986 14,000 0.07
6.92% GS 2039 12,000 6,006 5,994 12,000 0.09
7.09% GS 2054 10,000 5,019 4,981 10,000 0.12
Auction for the sale of securities will be held on January 17, 2025.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1944