In the underwriting auctions conducted on May 03, 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 6,000 3,003 2,997 6,000 0.13 7.23% GS 2039 10,000 5,019 4,981 10,000 0.18 7.34% GS 2064 12,000 6,006 5,994 12,000 0.34 Auction for the sale of securities will be held on May 03, 2024.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2024-2025/237