In the underwriting auctions conducted on January 19, 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) 7.33% GS 2026 8,000 4,011 3,989 8,000 0.09 7.18% GS 2037 10,000 5,019 4,981 10,000 0.11 7.25% GS 2063 12,000 6,006 5,994 12,000 0.20 New GOI SGrB 2054 5,000 2,520 2,480 5,000 0.24 Auction for the sale of securities will be held on January 19, 2024.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1704