In the underwriting auctions conducted on April 12, 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) 7.32% GS 2030 11,000 5,502 5,498 11,000 0.41 New GS 2039 10,000 5,019 4,981 10,000 0.43 7.30% GS 2053 9,000 4,515 4,485 9,000 0.67 Auction for the sale of securities will be held on April 12, 2024.
Ajit Prasad
Director (Communications)
Press Release: 2024-2025/83